Suraj Products Limited resumed operations at its Power Plant and DRI Kiln on October 1, 2026. The company confirmed that maintenance work on both critical units was successfully completed.

This update follows earlier disclosures made on July 17, 2026, regarding the power plant shutdown, and July 20, 2026, concerning the DRI Kiln maintenance. The simultaneous resumption indicates a return to full operational capacity for these key infrastructure assets.

Operational status update

The company filed an intimation with the BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by A. N. Khatua, Company Secretary & Compliance Officer.

The notification serves to inform stock exchanges and investors that the temporary halt in production related to these specific units has ended. No financial impact figures or production volume data were disclosed in this specific intimation.

Suraj Products Limited shareholders approved all 10 resolutions at its 35th Annual General Meeting held on September 12, 2026. The consolidated voting results show overwhelming support for the company's capital structure changes and financial statements.

The meeting, presided over by Chairman Mr. C.K. Bhartia, concluded with a total of 84,52,870 votes polled out of 1,14,00,000 shares on record as of September 5, 2026. This represents a participation rate of 74.15% of outstanding shares. Only 100 votes were cast against the resolutions, accounting for just 0.0012% of the total polled votes.

Voting Breakdown

The promoter and promoter group held 84,01,800 shares and voted unanimously in favour of all resolutions via remote e-voting. Public non-institutional shareholders, holding 29,91,600 shares, also supported the agenda items, with 99.80% of their polled votes cast in favour.

Resolutions Approved

Shareholders adopted the audited standalone and consolidated financial statements for FY26. The Board proposed a dividend on equity shares, which was approved as an ordinary resolution. Mrs. Sunita Dalmia was re-appointed as a director liable to retire by rotation.

Special Business

The meeting addressed significant capital structure changes through special resolutions:

• Ratification of remuneration for the Cost Auditor for FY27.
• Alteration in the Memorandum of Association.
• Alteration in the Articles of Association.
• Increase in authorized share capital.
• Issuance of 25,00,000 fully convertible warrants on a preferential basis.
• Issuance of up to 5,00,000 equity shares to a non-promoter entity on a preferential basis.

Governance and Compliance

Mr. Y.K. Dalmia, Managing Director, and other board members were present. Ms. Shruti Agarwal, Practising Company Secretary, served as the scrutinizer via video conference. The company provided remote e-voting facilities from September 9 to September 11, 2026. A ballot process was available for shareholders who had not voted electronically.

What the Numbers Show

The near-unanimous approval of the preferential issuance instruments—specifically fully convertible warrants and equity shares—signals strong shareholder confidence in the proposed capital raise. With promoters holding approximately 73.7% of the total share capital and voting 100% in favour, the control dynamics remain stable despite the introduction of new convertible instruments.