Announced Mon, 28 Sept, 2026 · 18:53 IST
Suraj Industries buys extra stake in associate VRV Foods for Rs 50 lakh
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
+0.1%1-day move
₹56.40
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.1-0.7-5.1-2.5-7.0—————
Up moveDown movePending
AI summary
Board approved subscribing to 75,850 equity shares of VRV Foods Ltd, an associate company and related party, at Rs 66 per share through preferential allotment, totalling about Rs 50.06 lakh. Suraj's stake in VRV will rise from 20.01% to 20.41%. VRV manufactures country liquor in Himachal Pradesh with around 32% market share and FY26 turnover of Rs 128.69 crore. Deal is at arm's length and needs no shareholder approval.
Likely market impact
Minor investment in associate firm; stake rises marginally to 20.41%. Limited immediate financial impact but strengthens association with a profitable liquor business.