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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suraj Industries, through its subsidiary Carya Chemicals & Fertilizers (CARYA), announced a new manufacturing tie-up with Radico Khaitan, one of India's leading alco-bev companies, for bottling operations in Rajasthan. Approvals from the Excise Department have been received and bottling is expected to commence shortly. The company is also setting up a 125 KLPD grain-based greenfield distillery at Baran, Rajasthan, which is slated for commissioning in July-August 2026 and will enable backward integration via captive ENA consumption. The main process plant has been supplied and installed by Praj Industries, with major equipment installation completed, and the company has applied for Consent to Operate from the Rajasthan State Pollution Control Board. The existing 48 lakh cases per annum bottling facility, commissioned in April 2025, continues to manufacture CARYA's own RML and CL brands along with Allied Blenders brands such as Officer's Choice, Iconiq White and Sterling Reserve.
Positive for shareholders – the Radico Khaitan tie-up and upcoming distillery commissioning are expected to boost capacity utilization, improve margins through backward integration, and strengthen CARYA's position in the growing Rajasthan liquor market.