Announced Fri, 27 Mar · 17:09 IST

Update on Acquisition.

Listed Co AcquisitionStrategic Transactions View source PDF

Price

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▲ 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

-0.2%1-day move

₹42.10

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-0.2+1.3+6.7+7.0+9.3+12.7+10.8+17.6+52.0+35.4

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AI summary

Suraj Industries Ltd has completed the acquisition of 24,800 equity shares of Shri Gang Industries and Allied Products Ltd from Mr. Ritesh Gupta. This is a follow-up to an earlier intimation dated March 26, 2026. After this purchase, Suraj Industries' stake in Shri Gang has risen to 20.15% of its paid-up equity share capital. The acquisition was done through a private transaction with an individual seller. The filing is made under SEBI Listing Obligations and Disclosure Requirements Regulation 30.

Likely market impact

Suraj Industries now holds a significant minority stake (over 20%) in Shri Gang, which could influence its investment income and strategic positioning. The 20.15% holding approaches levels that may trigger additional SEBI disclosures, but the immediate impact on shareholders depends on the strategic intent behind the investment.