Suraj Industries Ltd executes new loan agreement with Carya Chemicals & Fertilizers Pvt Ltd

Suraj Industries Ltd has executed a new Loan Agreement with M/s Carya Chemicals & Fertilizers Private Limited, a material subsidiary of the Company on July 11, 2025.

Inter Corporate Loan of Rs.20 Crore at 9.85% p.a interest rate to Subsidiary company for utilisation in the Distillery Project being set up by CARYA.

The Company holds 85.75% stake in M/s Carya Chemicals and Fertilizers Private Limited ("CARYA"), by virtue of this CARYA is the Material Subsidiary Company of the Company.

Shares of SURAJ INDUSTRIES LTD. was last trading in BSE at Rs. 76.50 as compared to the previous close of Rs. 76.07. The total number of shares traded during the day was 295 in over 23 trades.

The stock hit an intraday high of Rs. 78.00 and intraday low of 74.00. The net turnover during the day was Rs. 22373.00.

Source : Equity Bulls

Keywords

SURAJINDUSTRIES INE170U01011 NewLoanAgreement CaryaChemicalsandFertilizers