30-Jul-2026Today's Market Indicators


Acuite Ratings confirms Suraj Industries’ rights issue proceeds are being properly utilized
(14:53, 30 Jul 2026)
Suraj Industries Ltd. disclosed that Acuite Ratings & Research Limited, the monitoring agency appointed to oversee the utilization of proceeds from the company’s rights issue, observed no deviations from the originally disclosed objects. The monitoring agency report, filed with the Bombay Stock Exchange on July 30, 2026, also noted that certain costs were revised and approved by shareholders at an extraordinary general meeting on March 6, 2026, and that some objects have not yet been fully utilized due to non-achievement of full subscription and allotment of the rights issue.