Intimation of proposed acquisition
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.2 pts less than its Breweries & Distilleries peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Suraj Industries Ltd has informed BSE about a proposed acquisition. No details on the target company, deal value, or structure have been disclosed yet. The company is likely to share further information once the deal is finalised or in a subsequent filing.
Potentially positive if acquisition adds value, but too early to judge without deal details. Watch for next filing.