
Management Change31 Oct 2026, 07:51 pm
Suraj Estate Developers Re-appoints Independent Director
AI Summary
Suraj Estate Developers Limited's Board of Directors has approved the re-appointment of Mr. Satyendra Shridhar Nayak as an Independent Director for a further period of five years, effective from December 3, 2026, to December 2, 2031. This re-appointment is subject to shareholder approval and is based on the recommendation of the Nomination and Remuneration Committee. The board also approved the unaudited financial results for the quarter and half-year ended September 30, 2026, along with a limited review report from statutory auditors M/s SKLR & Co. LLP., which had an unmodified opinion.
Key Highlights
- Independent Director re-appointment for five years approved.
- Re-appointment subject to shareholder approval.
- Unaudited financial results for Q2 FY27 declared.
- Auditors issued an unmodified review report.
- Board meeting concluded within an hour.
Price Impact
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