Suraj Estate Developers Limited — Important, 11-08-2025: General Updates
11-08-2025 | 07:52 pm
11-08-2025 | 07:52 pm
Suraj Estate Developers received a warning from NSE concerning compliance with preferential share allotment rules. The issue involves certain allottees trading shares during a mandatory lock-in period prior to the allotment of 13.07 lakh equity shares (₹5 each). This marks a repeat observation from the exchange on a similar matter. The company has acknowledged the violation and is implementing corrective measures to enhance its compliance framework. Investors should monitor the progress on these procedural improvements.
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