Suraj Industries Ltd has successfully completed a significant acquisition, strengthening its position in the chemicals and fertilizers sector. The company has acquired 41,05,120 equity shares of Carya Chemicals & Fertilizers Private Limited (CARYA) from Sarth Agbev and Energy Private Limited, as per a recent corporate filing.

Transaction Details

The acquisition, which aligns with Suraj Industries' growth strategy, was executed at a price of Rs. 12.60 per share, amounting to a total consideration of Rs. 5,17,24,512. This strategic move has substantially increased Suraj Industries' ownership in CARYA.

Shareholding Impact

Following this transaction, Suraj Industries' stake in CARYA has seen a notable increase. The company's shareholding in CARYA now stands at 95.44% of its paid-up equity share capital, signifying a controlling interest in the entity.

Transaction Overview

Regulatory Compliance

The company has duly informed the BSE Limited about this development, adhering to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement follows previous intimations made by the company on July 28, August 26, and September 16, indicating a phased approach to this acquisition.

This strategic move by Suraj Industries appears to be part of a broader corporate strategy, potentially aimed at consolidating its position in the chemicals and fertilizers market. The significant increase in ownership of CARYA could provide Suraj Industries with greater control over operations and decision-making processes, potentially leading to improved synergies and operational efficiencies.

Suraj Industries Ltd. has successfully completed a significant acquisition, strengthening its position in the chemicals and fertilizers sector. The company has acquired 22,73,234 equity shares of Carya Chemicals & Fertilizers Private Limited (CARYA) from Mr. Suraj Prakash Gupta, increasing its stake in CARYA to 89.20% of the paid-up equity share capital.

Transaction Details

This strategic move aligns with Suraj Industries' earlier communications to the stock exchange, following up on intimations dated July 28, August 26, and September 16, 2025.

Regulatory Compliance

In adherence to regulatory requirements, Suraj Industries has informed the BSE Limited about this development. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to maintaining transparency with its stakeholders.

Implications

This acquisition marks a significant expansion of Suraj Industries' involvement in CARYA's operations. By increasing its shareholding to 89.20%, Suraj Industries has solidified its control over CARYA, potentially allowing for greater synergies and strategic alignment between the two entities.

The move could be seen as part of Suraj Industries' broader strategy to strengthen its position in the chemicals and fertilizers market. As the majority shareholder, Suraj Industries is now in a position to have a more substantial influence on CARYA's business decisions and future direction.

Investors and market watchers will likely be keen to observe how this increased stake translates into operational and financial benefits for Suraj Industries in the coming quarters.