Suraj Estate Developers: Monitoring Agency Report for Q2 FY27

Suraj Estate Developers Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, confirms that there has been no deviation from the objects for the utilization of proceeds from the company's Preferential Issue. The Preferential Issue aimed to raise up to Rs. 500.00 crore, comprising Rs. 400.25 crore from equity shares and Rs. 99.75 crore from convertible warrants. The report is in compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.