Announcement under Regulation 30 of SEBI LODR
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Suraj Products Limited has announced that its wholly owned subsidiary 'SURAJ IRON & STEEL MANUFACTURERS L.L.C-S.P.C.' based in Abu Dhabi, UAE, has signed an agreement with KEZAD Group (part of AD Port Group) to establish a Rolling Mill Facility in Abu Dhabi. The subsidiary was incorporated in November 2025. Details regarding project cost, installed capacity, and implementation timeline will be disclosed once finalized or approved. This represents the company's expansion into international manufacturing.
The establishment of a rolling mill facility in the UAE through a wholly owned subsidiary marks a strategic international expansion for Suraj Products. While this signals growth ambitions, the actual financial impact remains unclear until project cost and capacity details are disclosed.