Suraj Industries Increases Stake in VRV Foods to 20.41%

Suraj Industries Ltd. has approved the subscription of 75,850 equity shares in its associate company, VRV Foods Limited, at ₹66 per share, for a total of ₹50,06,100. This preferential allotment will increase Suraj Industries' shareholding in VRV Foods from 20.01% to 20.41%. VRV Foods is engaged in the manufacturing and bottling of country liquor in Himachal Pradesh, with a turnover of ₹128.69 Crore and PAT of ₹5.43 Crore for FY26. The acquisition is considered a related party transaction but is conducted on an arm's length basis, based on a valuation report.