The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rahul Rajan Jesu Thomas & PACs
SURAJEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rahul Rajan Jesu Thomas, along with promoter group members and PACs, acquired 14,972 equity shares of Suraj Estate Developers Ltd through open market purchases on March 4 and March 5, 2026. The first tranche was 14,747 shares and the second was 225 shares, representing roughly 0.03% of the company's share capital. After these purchases, the promoter group's combined holding rose slightly to about 69.71% of paid-up capital and 67.82% of the diluted share capital. The equity and diluted share capital of the company remained unchanged at around INR 23.88 crore and INR 24.55 crore respectively (post warrant conversion).
This is a very small, routine open market purchase by the promoter group and is unlikely to materially affect the stock price. It signals continued promoter confidence in the company, though the negligible size (under 0.05%) is more of a procedural disclosure than a meaningful capital deployment.