Suraj Estate Developers Limited — Important, 20-02-2026: Committee Meeting Updates

SURAJ ESTATE DEVELOPERS LIMITED's Management Committee approved raising capital through the issuance of 4.5 crore Unlisted, Redeemable, Secured, Non-Convertible Debentures (NCDs). Each NCD has a face value of ₹10, aggregating to ₹45 Cr. These NCDs will be issued on a private placement basis to IDBI Trusteeship Services Limited, acting as Trustee for India Real Estate Investment Fund Series 2. This strategic financing move aims to strengthen the company's financial standing and support its business operations.