Suraj Industries acquires additional stake in CARYA
Consequent to the above acquisition, the Company’s shareholding in CARYA stands revised to 95.44% of its paid-up equity share capital
Suraj Industries has completed the acquisition of 41,05,120 equity shares of M/s Carya Chemicals & Fertilizers (CARYA) from M/s Sarth Agbev and Energy for a total consideration of Rs 5.17 crore, at a price of Rs 12.60 per share.
Consequent to the above acquisition, the Company’s shareholding in CARYA stands revised to 95.44% of its paid-up equity share capital.
Suraj Industries is an edible oil manufacturing company. It also provides liquor products under the brand name Old Monk Rum.
