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Suraj Industries Board Approves Acquisition of Additional Equity Shares in Shri Gang Industries

Suraj Industries Board Approves Acquisition of Additional Equity Shares in Shri Gang Industries

Suraj Industries Ltd. announced board approval for acquiring additional equity shares in Shri Gang Industries and Allied Products Limited, a breweries and distilleries company. The acquisition involves purchasing 1,40,000 shares from promoter group members, increasing Suraj's stake from 19.31% to 20.02%. Shri Gang has shown strong financial performance with turnover of Rs. 352.62 crore in 2024-25.

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