Suraj Estate Developers' subsidiary completed the acquisition of land development rights in Mahim (West), Mumbai, for an investment of ₹82.72 Crores to expand its commercial project.
Suraj Estate Developers Price Movement Clarification
Suraj Estate Developers clarified that the recent price movement in its securities is market-driven and not due to any undisclosed material information or developments.
KMP Shreepal Shah acquired 5,300 equity shares of Suraj Estate Developers Ltd via market purchases. The total value of these transactions is approximately ₹0.09 Crore.
Suraj Estate Developers Ltd has submitted its Annual Report for FY 2025-26, including the notice for its 40th Annual General Meeting to be held on September 30, 2026.
Suraj Estate reports 10% revenue growth in Q1FY27, but rising debt levels and slowing residential sales volume signal growing execution and leverage risks.
Suraj Estate reported a strong Q1 FY27 with 10% YoY revenue growth and 7.5% PAT growth. Strategy remains focused on asset-light redevelopment in South-Central Mumbai.
Suraj Estate Developers filed the Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds from its preferential issue.
Suraj Estate Developers Limited has scheduled a board committee meeting for August 10, 2026, to consider a proposed fund-raising initiative through a debt issue.
Suraj Estate Developers will hold a management committee meeting on August 10, 2026, to consider raising up to ₹165 Crore through the private placement of NCDs.
Suraj Estate Developers Ltd has submitted its quarterly shareholding pattern for the period ended March 31, 2026, in compliance with SEBI regulatory requirements.
Suraj Estate Developers Limited announced the allotment of non-convertible debt securities. The filing pertains to capital structure adjustments via this issuance.
Suraj Estate Developers Limited has announced the allotment of non-convertible debt securities. This issuance does not affect the existing equity share capital of the company.
Suraj Estate Developers allotted 1 Crore Unlisted NCDs worth ₹10 Crore on a private placement basis. This completes the issuance originally approved in February 2024.
Suraj Estate Q4/FY26 earnings call: Company achieved strong operational growth, exceeding presales guidance and pivoting toward higher-margin commercial projects in South Central Mumbai.
Suraj Estate achieved FY26 pre-sales of ₹615cr, marginally beating its ₹600cr guidance, but faced analyst scrutiny over rising debt levels and declining residential sales velocity as focus shifts to commercial projects.
Suraj Estate Developers acquired development rights in Mahim for ₹75 Crore. The project features an estimated GDV of ₹800 Crore, expanding the company's commercial footprint.
Suraj Estate (544054) FY26 results show steady growth in South-Central Mumbai real estate. Focus remains on redevelopment projects and commercial expansion with the marquee Suraj One Business Bay project.
Suraj Estate Developers reported FY26 Total Income of ₹561 Crore and PAT of ₹90 Crore. Strong sales momentum was supported by new residential and commercial launches.
Suraj Estate Developers approved audited standalone and consolidated financial results for FY2025-26. The board also re-appointed statutory cost and internal auditors for the upcoming fiscal year.
Suraj Estate Developers will hold a board meeting on May 30, 2026. Directors will consider audited standalone and consolidated financial results for fiscal year 2026.
Suraj Estate Developers reported utilization of ₹343.39 Crore raised through a preferential issue. The Monitoring Agency confirmed no deviations from the declared objects for this quarter.
Suraj Estate Developers Limited announced the resignation of Mr. Gopal Govind Barve as Chief Engineer (Senior Management Personnel) effective April 29, 2026. The resignation is attributed to personal reasons. This is a routine administrative disclosure regarding management changes.
Mr. Gopal Govind Barve has resigned as Chief Engineer and Senior Managerial Personnel of Suraj Estate Developers Limited due to personal reasons. The resignation is effective from the closure of business hours on April 29, 2026.