Increase in Authorized Share capital , subject to the approval of the members of the Company.
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Suraj Industries' board, at its meeting on July 28, 2025, approved increasing the company's authorized share capital from Rs. 40 crore (4 crore equity shares of Rs. 10 each) to Rs. 50 crore (5 crore equity shares of Rs. 10 each), subject to shareholder approval at the 33rd AGM on August 26, 2025. The board also approved the re-appointment of M/s Padam Dinesh & Co. as Internal Auditor for FY 2025-26, and the appointment of CS Shivani Agarwal as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Mrs. Pooja Solanki was re-appointed as Non-Executive Independent Director for a second term from January 23, 2026 to January 22, 2031. Additionally, material related party transactions with subsidiary Carya Chemicals & Fertilizers were approved, including purchases of Extra Neutral Alcohol and liquor worth up to Rs. 60 crore in FY 2025-26 and Rs. 90 crore in FY 2026-27, plus loans/investments of up to Rs. 50 crore in FY 2026-27.
The 25% increase in authorized share capital gives the company headroom for future fundraising or expansion, though it does not mean new shares will be issued immediately. The large related-party transactions with subsidiary Carya signal continued business expansion in the liquor and chemicals segment, which shareholders will need to approve.