Suraj Industries Signs Franchise Deal with Vintage Distillers

Suraj Industries Ltd. has entered into a Franchise Tie-up Agreement with Vintage Distillers Limited, effective August 1, 2026, until March 31, 2027. The agreement involves the bottling and packaging of Country Liquor/Rajasthan Made Liquor (RML) products under Vintage Distillers' brands on a job work basis at Suraj Industries' Ajmer facility. Suraj Industries will receive ₹80 per case plus applicable GST for bottling services. Vintage Distillers will provide all raw materials and packaging. The agreement is expected to enhance Suraj Industries' manufacturing capacity utilization and generate additional revenue. Vintage Distillers will also provide an interest-free security deposit of ₹10,00,000.