SURAJESTNSESuraj Estate Developers LimitedMediumNegative
Announced Wed, 29 Apr · 19:20 IST

Suraj Estate Developers Limited has informed the Exchange about Resignation of Director/KMP/SMP

Kmp ResignedManagement Changes View source PDF

SURAJEST · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹239.01
prior close
₹237.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.4+0.0-0.3-1.7-1.7-1.2+1.6-0.0-6.7-10.8-13.0-17.3
Up moveDown movePending
AI summary

Mr. Gopal Govind Barve, Chief Engineer who held the position of Senior Managerial Personnel at Suraj Estate Developers Limited, has tendered his resignation effective April 29, 2026. The resignation has been submitted due to personal reasons and is effective from the closure of business hours on the same date. The company has informed the stock exchanges (NSE and BSE) about this change under SEBI Listing Regulations. Mr. Barve served as Chief Engineer and expressed gratitude for the opportunities during his tenure in his resignation letter to the Managing Director.

Likely market impact

The departure of a senior engineer from a real estate development company may have minor operational implications, though the company can likely absorb the impact given it's an individual role. This is a routine KMP-level change and unlikely to materially affect stock performance.