Commencement of Commercial Production at the Bottling Unit set up by M/s Carya Chemicals & Fertilizers Private Limited ("CARYA"), a Material Subsidiary Company of the Company.
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Suraj Industries Ltd announced that its material subsidiary, Carya Chemicals & Fertilizers Private Limited, has started commercial production at its new Bottling Plant in Baran, Rajasthan on April 28, 2025. The plant, set up at RIICO Industrial Area, Guwadi & Majhari, will manufacture Country Liquor, Rajasthan Made Liquor (RML), and Indian Made Foreign Liquor (IMFL). This follows the April 15, 2025 intimation about Carya receiving the necessary excise licenses from the Excise Commissioner, Rajasthan. The move marks a step from licensing to actual revenue-generating operations for the subsidiary.
This is a positive operational milestone as the bottling unit begins generating revenue. It diversifies Suraj Industries' income through its subsidiary in the liquor bottling segment, though the actual financial impact will depend on production volumes and sales, which are not disclosed in this filing.