SURAJESTBSESuraj Estate Developers LtdMediumPositive
Announced Mon, 9 Mar · 17:58 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Margaretta Thomas & PACs

Promoter Stake BuyOwnership 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

Awaiting price reaction for this filing.

AI summary

Margarette Shwetha Thomas, part of the promoter and promoter group of Suraj Estate Developers Ltd, purchased 6,000 equity shares on the open market on March 6, 2026. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The promoter group's combined holding rose marginally from 69.73% to 69.75% of total share capital (67.85% to 67.86% on a diluted basis). The equity share capital of the company stands at approximately ₹23.89 crore, with about 13.30 lakh warrants pending conversion.

Likely market impact

This is a very small acquisition (just 0.01% increase in stake) by a promoter family member, signalling minor insider confidence but with negligible impact on shareholding structure or stock price. No material change in control or ownership pattern.