Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, Suraj Estate Developers has informed that National Stock Exchange of India and BSE vide their letter(s) dated October 04, 2024 having reference no. NSE/LIST/43567 and LOD/PREF/AM/FIP/1053/2024-25 respectively have granted in-principle approval under Regulation 28(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, for: • Issue of 56,05,742 Equity Shares of face value of Rs.5/- each, for cash at Issue price of Rs. 714/- on Private Placement basis to non- promoters on a preferential basis. • Issue of 13,30,000 Fully Convertible Warrants (‘Warrants’/’Convertible Warrants’) for cash at an issue price of Rs. 750/- to non- promoters on a preferential basis. The letters received from the Exchanges are attached.
The above information is a part of company’s filings submitted to BSE.
