Suraj Estate Developers Limited — Others, 15-11-2024: Copy of Newspaper Publication

Suraj Estate Developers has announced a board meeting to discuss the financial results for the quarter and half-year ended September 30, 2024. The company reported total income of ₹24.26 crore for this period, reflecting a growth compared to the previous year. However, it recorded a net profit of ₹18.32 crore, indicating fluctuations in profitability. Following this, the firm executed the allotment of 34,12,277 equity shares on a preferential basis and approved the payment of a final dividend of ₹1.20 per fully paid-up equity share from the previous financial year. This announcement signals a proactive approach to capital management and shareholder returns, which may foster a positive outlook among investors.