Suratwwala Business Group Limited (SBGL) has announced key decisions following its recent board meeting, including a dividend recommendation and the scheduling of its Annual General Meeting (AGM).

Dividend Recommendation

The Board of Directors of Suratwwala Business Group Limited has recommended a final dividend of Rs. 0.10 per share for the financial year ended March 31, 2025. This represents a 10% dividend on the face value of Rs. 1.00 per share. The dividend recommendation is subject to shareholder approval at the upcoming AGM.

Annual General Meeting Details

SBGL has scheduled its 18th Annual General Meeting for September 30, 2025. The company has outlined several important dates related to the AGM and dividend distribution:

Dividend Payment

If approved by shareholders at the AGM, the dividend will be paid within 30 days of the meeting's conclusion. The payment will be made to:

• Beneficial owners of shares held in dematerialized form, as per data provided by the National Securities Depository Limited and the Central Depository Services (India) Limited.
• Members holding shares in physical form, after accounting for valid transmission or transposition requests.

Board Meeting and Trading Window

The board meeting where these decisions were made took place on August 19, 2025, from 3:45 p.m. to 4:00 p.m. through video conferencing. In compliance with SEBI regulations and the company's insider trading prevention code, Suratwwala Business Group Limited closed its trading window for designated persons and their immediate relatives from August 14 to August 19, 2025.

Investors and stakeholders are advised to take note of these important dates and decisions. The company has duly informed the stock exchanges of these developments in accordance with SEBI regulations.

Suratwwala Business Group , a prominent player in the real estate sector, has made a significant move in the commercial property market by acquiring office space in Pune for ₹18.69 crore. This strategic investment underscores the company's commitment to expanding its presence in one of India's major business hubs.

Strategic Expansion in Pune's Commercial Real Estate

The acquisition of office space in Pune represents a calculated step for Suratwwala Business Group, positioning the company to capitalize on the city's thriving business ecosystem. Pune, known for its robust IT sector, manufacturing industries, and educational institutions, has been experiencing steady growth in demand for quality commercial spaces.

Investment Details

Potential Impact on Business Operations

This substantial investment in commercial real estate could have several implications for Suratwwala Business Group:

1. Asset Portfolio Growth: The addition of prime office space in Pune strengthens the company's asset portfolio, potentially increasing its overall market value.

2. Rental Income Potential: Depending on the company's plans for the acquired space, it could generate steady rental income if leased to other businesses.

3. Operational Expansion: If intended for the company's use, this new office space could facilitate operational expansion in Pune, allowing Suratwwala Business Group to enhance its presence in the local market.

4. Strategic Positioning: The acquisition demonstrates the company's confidence in Pune's commercial real estate market and its long-term growth prospects.

Market Implications

The ₹18.69 crore investment by Suratwwala Business Group is a positive indicator for Pune's commercial real estate sector. It reflects the continued attractiveness of the city for businesses and investors, despite global economic uncertainties.

As Suratwwala Business Group moves forward with this significant acquisition, stakeholders will be keen to observe how the company leverages this new asset to drive growth and create value in the competitive real estate market of Pune.