Suraj Products' UAE Subsidiary Signs Agreement with KEZAD Group to Set Up Rolling Mill Facility in Abu Dhabi

1 min read     Updated on 07 May 2026, 11:13 PM
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AI Summary

Suraj Products Limited's wholly owned subsidiary, SURAJ IRON & STEEL MANUFACTURERS L.L.C-S.P.C., has signed an agreement with KEZAD Group (part of AD Ports Group) to establish a Rolling Mill Facility in Abu Dhabi, UAE. The development was disclosed on May 07, 2026, under Regulation 30 of SEBI (LODR) Regulations, following an earlier intimation dated November 27, 2025 regarding the subsidiary's incorporation. Details on project cost, installed capacity, and implementation timeline are yet to be disclosed pending finalization and approval.

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Suraj Products Limited has announced that its wholly owned subsidiary, SURAJ IRON & STEEL MANUFACTURERS L.L.C-S.P.C., incorporated in Abu Dhabi, UAE, has signed an agreement with KEZAD Group (part of AD Ports Group) to establish a Rolling Mill Facility in Abu Dhabi, UAE. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations on May 07, 2026, building on the company's earlier intimation dated November 27, 2025, which had informed exchanges about the incorporation of the wholly owned subsidiary in Abu Dhabi.

Agreement with KEZAD Group

The agreement marks a significant step in Suraj Products' international expansion strategy, with its UAE-based subsidiary entering into a formal arrangement with KEZAD Group to set up a Rolling Mill Facility in Abu Dhabi. KEZAD Group operates as part of AD Ports Group, a major industrial and logistics entity in the UAE. The following table summarises the key details of this development as disclosed by the company:

Parameter: Details
Subsidiary Name: SURAJ IRON & STEEL MANUFACTURERS L.L.C-S.P.C.
Subsidiary Location: Abu Dhabi, UAE
Agreement Partner: KEZAD Group (Part of AD Ports Group)
Facility Type: Rolling Mill Facility
Disclosure Date: May 07, 2026
Earlier Intimation Date: November 27, 2025
Regulatory Basis: Regulation 30 of SEBI (LODR) Regulations

Project Details Awaited

As per the regulatory disclosure, further details relating to project cost, installed capacity, implementation timeline, and other particulars are yet to be disclosed and will be communicated upon finalization and approval. The company has stated that stakeholders will be kept informed as these details are confirmed through the appropriate regulatory channels.

The disclosure was submitted to both BSE Limited and The Calcutta Stock Exchange Limited in accordance with applicable listing obligations.

Historical Stock Returns for Suraj Products

1 Day5 Days1 Month6 Months1 Year5 Years
+2.02%+3.52%+19.61%-32.05%-35.05%+534.92%

What is the estimated project cost and installed capacity of the Rolling Mill Facility, and how will it be financed — through internal accruals, debt, or equity dilution?

How might establishing a UAE-based rolling mill facility impact Suraj Products' export competitiveness and access to Middle Eastern and African steel markets?

Could this KEZAD partnership serve as a gateway for Suraj Products to secure long-term supply agreements with large-scale infrastructure projects in the GCC region?

Suraj Products Limited Submits Dematerialization Compliance Confirmation for Q4 FY26

1 min read     Updated on 08 Apr 2026, 03:13 PM
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Suraj Products Limited submitted dematerialization compliance confirmation for Q4 FY26 to stock exchanges on April 08, 2026, fulfilling Regulation 74(5) requirements. The company's RTA, MCS Share Transfer Agent Limited, confirmed sending Demat Transfer Register to depositories and exchanges while destroying physical securities within stipulated timeframes. The compliance documentation was forwarded to both Bombay Stock Exchange and Calcutta Stock Exchange, demonstrating the company's adherence to SEBI regulatory requirements.

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Suraj Products Limited has fulfilled its regulatory compliance obligations by submitting dematerialization confirmation to stock exchanges for the quarter ended March 31, 2026. The company forwarded the required documentation to both Bombay Stock Exchange Limited and The Calcutta Stock Exchange Limited on April 08, 2026.

Regulatory Compliance Details

The submission pertains to compliance under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary A.N. Khatua signed and submitted the compliance documents to ensure adherence to regulatory requirements.

Parameter: Details
Compliance Period: Quarter ended March 31, 2026
Submission Date: April 08, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018
Authorized Signatory: A.N. Khatua, Company Secretary

RTA Confirmation

MCS Share Transfer Agent Limited, serving as the company's Registrar and Transfer Agent, provided the necessary confirmation dated April 06, 2026. The RTA confirmed compliance with dematerialization requirements for the specified period.

Key RTA Confirmations:

  • Demat Transfer Register sent to depositories and stock exchanges for period January 01, 2026 to March 31, 2026
  • Physical securities received from Depository Participants destroyed/mutilated/cancelled after dematerialization within stipulated time
  • All procedures completed in accordance with SEBI regulations

Stock Exchange Submissions

The compliance documentation was submitted to multiple stock exchanges where the company's shares are listed:

Exchange: Address
Bombay Stock Exchange Limited: Floor 25, P.J.Tower, Dalal Street, Mumbai – 400001
The Calcutta Stock Exchange Limited: 7, Lyons Range, Kolkata – 700001

Company Information

Suraj Products Limited operates from its registered office and works located at Vill. Barpali, P.O. Kesramal, Rajgangpur, Dist. Sundargarh, Odisha, with Corporate Identification Number L269420R1991PLC002865. The company maintains regular compliance with regulatory requirements through its appointed RTA and internal compliance mechanisms.

This quarterly compliance submission demonstrates the company's commitment to maintaining transparency and adhering to securities market regulations as mandated by SEBI for listed entities.

Historical Stock Returns for Suraj Products

1 Day5 Days1 Month6 Months1 Year5 Years
+2.02%+3.52%+19.61%-32.05%-35.05%+534.92%

What impact might upcoming changes to SEBI's dematerialization regulations have on Suraj Products' compliance costs and operational processes?

How could Suraj Products' consistent regulatory compliance affect its eligibility for inclusion in ESG-focused investment indices?

Will the company's strong compliance track record influence its ability to raise capital through future equity offerings or debt instruments?

More News on Suraj Products

1 Year Returns:-35.05%