Announced Thu, 27 Aug, 2026 · 19:07 IST
Subsidiary Carya Gets Distillery License in Rajasthan, Ops from September 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹60.00
prior close
₹62.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.7-0.7-0.7+1.7-1.0+1.7+4.2+1.7-0.8-3.3-6.0——
Up moveDown movePending
AI summary
Carya Chemicals and Fertilizers, a material subsidiary of Suraj Industries, received an excise license (Form R.D.1) from the Excise Commissioner in Udaipur, Rajasthan, to operate a 125 KL per day grain-based distillery at RIICO Industrial Area, Baran. The unit will produce Extra Neutral Alcohol. Construction is complete, trial runs will begin soon, and commercial operations are expected to start in September 2026.
Likely market impact
Positive: material subsidiary cleared to commence commercial distillery operations from September 2026, opening a new revenue vertical for the group.