Suraj Estate Developers Limited has informed the Exchange regarding 'Disclosure under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015'.
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Awaiting price reaction for this filing.
Suraj Estate Developers Limited informed the exchanges that Margarette Shwetha Thomas, a member of the Promoter Group, has acquired 18,500 equity shares of the company through open market purchases. The shares were bought in two tranches — 5,500 shares on March 4, 2026 and 13,000 shares on March 5, 2026 — for a total value of about ₹39.01 lakh. Following this acquisition, her shareholding has risen from 1,21,800 shares (0.25%) to 1,40,300 shares (0.29%) of the company. The disclosure was filed under SEBI's insider trading regulations to formally report the insider transaction.
This is a small but positive signal of insider confidence, as a promoter group member is voluntarily buying shares in the open market. However, the increase in holding is marginal (from 0.25% to 0.29%), so it is unlikely to materially move the stock price.