SURAJ INDUSTRIES LTD
Agreement Details
Parties Involved:
- Suraj Industries Ltd ("Licensee")
- Vintage Distillers Limited ("Licensor")
Execution Date: July 16, 2026
Agreement Type: Franchise Tie-up Agreement for bottling and packaging of Country Liquor/Rajasthan Made Liquor (RML) products
Scope of Work: Bottling and packaging in Aseptic Pack on job work basis at Company's manufacturing unit situated at Rajasthan State Ganganagar Sugar Mills Limited, Taragarh Road, Ajmer, Rajasthan
Geographic Scope: Domestic business operations within the State of Rajasthan, India
Financial Terms
Bottling Charges: ₹80 per case plus applicable GST
Security Deposit: Licensor to provide interest-free security deposit of ₹10,00,000, which shall be adjusted against monthly bottling charges
Minimum Production Commitment: 7,000 cases per month
Agreement Duration
Effective Date: August 1, 2026
Termination Date: March 31, 2027 (unless terminated earlier in accordance with agreement terms)
Operational Details
Work Nature: Job work basis
Product Type: Country Liquor/Rajasthan Made Liquor (RML) products
Packaging: Aseptic Pack
Location: Company's bottling plant at Rajasthan State Ganganagar Sugar Mills Ltd., Taragarh Road, Ajmer, Rajasthan
Related Party Status
The Agreement does not constitute a related party transaction. None of the Promoters, Promoter Group or Group Companies of the Company has any interest in Vintage Distillers Limited.
Company Financials (as per Audited Financial Statements for FY 2025-26)
Paid-up capital: Rs. 33.45 Cr
Turnover: Rs. 23.59 Cr
Rationale and Expected Benefits
The Agreement is expected to enhance the capacity utilization of the Company's bottling plant.