The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Margarette Shwetha Thomas & Others
SURAJEST · price
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Margarette Shwetha Thomas, a member of the promoter group of Suraj Estate Developers Ltd, bought 7,000 equity shares (about 0.01% of total capital) on March 12, 2026, through open market purchase on the stock exchange. The promoter group's combined holding increased marginally from 3,33,37,279 shares (69.78%) to 3,33,44,279 shares (69.80%) of the company. The transaction was carried out at the prevailing market price, and the disclosure was filed under SEBI's takeover regulations to keep the exchanges informed. The company is listed on both BSE (544054) and NSE (SURAJEST). The size of the purchase is very small relative to the total promoter holding, which is already well above the 50% mark.
This is a minor insider buy by a promoter, indicating routine confidence in the company but too small in size to move the stock price or change the shareholding structure meaningfully. Retail investors should treat this as a routine compliance disclosure rather than a major signal.