Suraj Estate Developers Limited — Important, 14-02-2025: General Updates

Suraj Estate Developers has received in-principle approval for the listing of 2,105,467 equity shares priced at ₹714 each, issued on a preferential basis to non-promoters. This approval was granted by BSE and NSE following the submission of necessary applications. The listing will be finalized upon receiving confirmations from the depositories regarding the crediting of shares to beneficiary accounts. The successful completion of this process could enhance liquidity and support the company’s growth strategy, offering a potential upside for investors as new equity enters the market. Stakeholders should monitor for the successful execution of this listing process as it may lead to improved stock performance.