Suraj Industries Limited has successfully completed its rights issue, marking a significant development in the company's capital structure. The Rights Issue Committee of the Board of Directors approved the allotment of 2,99,25,394 partly paid-up rights equity shares, as disclosed in a regulatory filing on November 10, 2025.

Key Details of the Rights Issue

The allotment was made in accordance with the Letter of Offer dated October 9, 2025, and the basis of allotment was finalized in consultation with BEETAL Financial & Computer Services Limited, the Registrar to the Issue, and approved by BSE Limited, the designated stock exchange for the issue.

Impact on Share Capital

The rights issue has led to a substantial increase in the company's equity share capital. Here's a breakdown of the changes:

*Assuming all calls are fully paid.

Significance of the Rights Issue

This rights issue represents a strategic move by Suraj Industries to raise capital, potentially for expansion, debt reduction, or other corporate purposes. The significant increase in the number of shares and total equity share capital indicates a substantial infusion of funds into the company.

Next Steps for Investors

Shareholders who have been allotted rights shares should note that these are partly paid-up shares. Future call notices from the company will require additional payments to fully pay up these shares. Investors should stay alert for any announcements regarding call money due dates and amounts.

Conclusion

The successful completion of this rights issue may be seen as a vote of confidence from existing shareholders in Suraj Industries' future prospects. However, the true impact of this capital raise will depend on how effectively the company utilizes these funds to generate value for its shareholders.

Investors and market watchers will likely keep a close eye on Suraj Industries' upcoming financial reports and corporate announcements to gauge the impact of this significant change in its capital structure.

Suraj Industries Ltd has announced a significant development for its material subsidiary, Carya Chemicals Fertilizers Private Limited (CARYA). The company has received an Entitlement Certificate from the Commissioner Industries, Government of Rajasthan, granting it an investment subsidy under the Rajasthan Investment Promotion Scheme (RIPS)-2022.

Key Details of the Subsidy

Project Details

The subsidy is linked to CARYA's investment in a bottling plant located at Plot No. SP1-2, RIICO Industrial Area, Guwadi-Majhari, Block Shahabad, District Baran, Rajasthan. This facility is dedicated to the manufacturing of:

1. Indian Made Foreign Liquor
2. Rajasthan Made Liquor
3. Country Liquor

Implications and Outlook

This development represents a significant boost for Carya Chemicals Fertilizers Private Limited and, by extension, its parent company Suraj Industries Ltd. The investment subsidy, potentially reaching Rs 64.16 crores over seven years, may provide substantial financial support to the company's operations in Rajasthan.

The subsidy, offered through the Rajasthan Investment Promotion Scheme (RIPS)-2022, underscores the state government's efforts to encourage industrial growth and investment in the region. For Carya, this financial incentive could potentially enhance its competitive position in the liquor manufacturing sector within Rajasthan.

Investors and stakeholders of Suraj Industries Ltd may view this development as a positive indicator of the company's expansion strategies and its ability to leverage government schemes for financial benefits. However, it's important to note that the realization of the full subsidy amount will depend on the company's performance and tax payments over the coming years.

As this news may have implications for Suraj Industries Ltd's financial outlook, stakeholders are advised to monitor future company announcements and financial reports for a comprehensive understanding of how this subsidy may impact the company's overall performance.