Suraj Industries has taken a significant step towards enhancing its financial flexibility. During the company's 33rd Annual General Meeting (AGM) held on August 26, 2025, shareholders approved key amendments to the Memorandum of Association, most notably setting the authorized share capital at Rs 50 crore.

Key Highlights

• Authorized Share Capital: The amendment to Clause V of the Memorandum of Association sets the authorized share capital at Rs 50.00 crore, divided into 5.00 crore equity shares of Rs 10.00 each.
• Shareholder Approval: The changes were approved during the 33rd AGM, which was conducted through video conferencing in compliance with regulatory requirements.
• Regulatory Compliance: The company has duly informed the BSE Limited about these amendments, adhering to SEBI regulations.

AGM Proceedings

The 33rd AGM, chaired by Mr. Sanjay Kumar Jain, Non-Executive Chairperson of the Board, covered several important agenda items:

1. Adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025.
2. Reappointment of Mr. Sanjay Kumar Jain, who retired by rotation, as a director.
3. Appointment of a new secretarial auditor.
4. Appointment of Mr. Sanjeev Mitla as an Independent Director and re-appointment of Mrs. Pooja Solanki as an Independent Director.
5. Approval for the extension of the remuneration period for Mr. Suraj Prakash Gupta, Managing Director, until the completion of his current tenure.
6. Consideration and approval of material related party transactions with various entities.

Corporate Governance

The company reported that there were no qualifications, observations, or adverse remarks in the Auditor's Reports on both Standalone and Consolidated Financial Statements for the financial year 2024-25. Similarly, the Secretarial Audit Report confirmed compliance with applicable laws without any qualifications or adverse comments.

Snehlata Sharma, Company Secretary and Compliance Officer of Suraj Industries, stated, "The amendments to our Memorandum of Association, particularly the increase in authorized share capital, position us well for future growth opportunities."

This development signals Suraj Industries' preparedness for potential expansion or capital-raising initiatives, although specific plans were not disclosed during the AGM.

Investors and stakeholders will be keen to observe how the company utilizes this increased capital authorization in its future strategic decisions.

Suraj Industries Ltd, a company listed on the BSE, has announced its unaudited financial results for the first quarter of the fiscal year 2025-26, ending June 30, 2025. The company reported a mixed performance with increased revenue but a wider net loss compared to the same period last year.

Financial Highlights

• Total income from operations stood at Rs 221.18 crore for Q1 FY2026, showing a significant increase from the previous year's figure.
• The company reported a net loss of Rs 31.68 crore for the quarter, which has widened compared to the same period last year.

Detailed Financial Performance

The substantial increase in total income indicates strong growth in the company's operations. However, the widening net loss suggests that Suraj Industries faced challenges in managing its costs and expenses during the quarter.

Management Commentary

While specific management comments were not provided in the available data, it's worth noting that these results were approved by the company's Board of Directors at their meeting held on August 13, 2025.

Regulatory Compliance

In compliance with regulatory requirements, Suraj Industries has published these results in newspapers and filed them with the stock exchanges. The company secretary, Snehlata Sharma, confirmed the publication of the financial results extract in 'The Financial Express' (English) and 'Jansatta' (Hindi) newspapers.

Investor Information

Suraj Industries is listed on the BSE with the scrip code 526211. The company's registered office is located at Plot No. 2 Phase-3, Sansarpur Terrace, Distt. Kangra, Himachal Pradesh-173212.

Investors and stakeholders are advised to refer to the detailed financial results available on the company's website ( www.surajindustries.org ) and the BSE website ( www.bseindia.com ) for a comprehensive understanding of the company's performance.

The company continues to navigate through challenging market conditions, as evidenced by the increased revenue but wider losses. Stakeholders will be keen to see how Suraj Industries plans to address these challenges and improve its bottom line in the coming quarters.