Suraj Estate Developers Board Approves Unaudited Financial Results

Suraj Estate Developers Limited announced the outcome of its Board Meeting held on August 14, 2026. The board approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, along with the limited review report from statutory auditors M/s SKLR & Co. LLP., which had an unmodified opinion. Additionally, the board approved the re-appointment of Mr. Rajan Meenathakonil Thomas as Managing Director for five years from October 1, 2026, and Mr. Rahul Rajan Jesu Thomas as Whole Time Director for five years from November 1, 2026, both subject to shareholder approval. An enabling resolution was also passed for raising funds up to ₹500 Crores through various equity-linked instruments.