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Suraj Estate Developers' Management Committee has completed its NCD issuance strategy. After initially allotting and fully redeeming ₹60 Crore worth of Non-Convertible Debentures (NCDs), the company has now allotted the balance ₹10 Crore NCDs. These unlisted, secured, and rated debentures were issued on a private placement basis to IDBI Trusteeship Services Limited, acting as Trustee for India Real Estate Investment Fund – Series 2. With this allotment, the company has completed the entire ₹70 Crore NCD issuance previously approved, with only the latest ₹10 Crore NCDs remaining outstanding.