Shareholding6 Jun 2026, 06:10 pm
Shri Gang Allots Shares; Suraj Industries Stake Revised
AI Summary
Suraj Industries Ltd has been informed by Shri Gang Industries and Allied Products Limited about the allotment of equity shares. This includes 1,34,680 equity shares from warrant conversions and 11,24,375 equity shares from compulsory convertible preference shares. These allotments have increased Shri Gang's paid-up equity share capital. Consequently, Suraj Industries Limited's shareholding in Shri Gang has been revised to 18.83% of the new, increased paid-up capital.
Key Highlights
- Shri Gang converted warrants and CCPS into equity shares.
- Promoter & Promoter Group received 1,34,680 equity shares.
- Public category received 11,24,375 equity shares.
- Shri Gang's paid-up capital increased significantly.
- Suraj Industries' stake in Shri Gang revised to 18.83%.
Price Impact
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