Suraj Industries: Promoter Reclassification Request Approved

The Board of Directors of Suraj Industries Ltd approved the request for re-classification of Mr. Rajesh Gupta from the "Promoter & Promoter Group" category to the "Public" category, subject to stock exchange approval. The board noted Mr. Gupta's confirmation of not holding more than 10% of voting rights, not exercising control, and meeting other regulatory criteria. Shareholder approval is not required as the outgoing promoter holds less than 1% of voting rights. The company complies with minimum public shareholding requirements.