Suraj Products: Molisati Vinimay acquires 24.80% shares via amalgamation

Molisati Vinimay Private Limited has acquired 28,27,000 equity shares, representing 24.80% of Suraj Products Limited, from NIP Power Private Limited. This acquisition is a result of a Scheme of Amalgamation, approved by the Regional Director on January 15, 2026, where NIP Power's assets and liabilities, including its shareholding in Suraj Products, vested in Molisati Vinimay. The transaction is an internal reorganization within the promoter group and is exempted under Regulation 10(1)(d)(iii) of SEBI SAST Regulations, 2011, as it does not lead to any change in control or the aggregate shareholding of the promoter group in Suraj Products. Post-transaction, Molisati Vinimay's shareholding in Suraj Products increased from 22.36% to 47.16%.