Suraj Estate Developers Limited has informed the Exchange regarding 'Disclosure under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015'.
SURAJEST · price
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Suraj Estate Developers has informed the exchanges that Rahul Rajan Jesu Thomas, a member of the Promoter Group and Whole Time Director, acquired 30,225 equity shares of the company through open market purchases between March 2 and March 5, 2026. The shares were bought in three tranches — 15,253 on March 2, 14,747 on March 4, and 225 on March 5 — for a total consideration of approximately ₹64.6 lakh. Following this acquisition, his shareholding in the company increased from 408,000 shares (0.85%) to 438,225 shares (0.91%).
This is a small insider purchase by a promoter group member, signaling continued confidence from insiders. However, the increase in stake is marginal (about 0.06 percentage points), so it is unlikely to have a significant impact on the stock price.