Suraj Estate Developers Limited — Important, 10-08-2026: Committee Meeting Updates

Suraj Estate Developers' Management Committee has approved the issuance of 1,650 Senior, Secured, Unrated, Unlisted, Redeemable, Taxable Non-Convertible Debentures (NCDs). Each NCD carries a face value of 10 lakh. This private placement aims to raise an aggregate of 165 Crore from eligible investors in one or more tranches. This strategic fundraising initiative will bolster the company's financial resources, providing capital for ongoing operations and supporting future business growth plans. It's a key step in strengthening the company's balance sheet.