Suraj Limited , a leading manufacturer and exporter of stainless steel seamless pipes, tubes, and fittings, has announced a board meeting scheduled for January 16, 2026. The company issued this intimation on January 7, 2026, in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Agenda and Key Decisions

The board meeting will address several critical business matters for the company's Q3FY26 performance and dividend considerations.

Trading Window Restrictions

In accordance with the company's Code of Conduct for regulating trading by designated persons, Suraj Limited has implemented mandatory trading restrictions. The trading window for transactions in the company's equity shares closed on January 1, 2026, following the company's earlier communication dated December 26, 2025.

The restriction will remain in effect until 48 hours after the declaration of financial results for the quarter and nine months ended December 31, 2025. This measure ensures compliance with insider trading regulations and maintains market integrity during the results announcement period.

Company Profile and Operations

Suraj Limited operates as a specialized manufacturer and exporter in the stainless steel industry, focusing on seamless pipes, tubes, U-tubes, flanges, fittings, and electro-polished finish products. The company maintains its registered office in Ahmedabad, Gujarat, with additional operations in Mumbai and manufacturing facilities in Thol, Kadi-Sanand Highway.

The upcoming board meeting represents a significant milestone for stakeholders as they await the company's Q3FY26 performance results and potential dividend announcements for the current financial year.

Suraj Estate Developers has strategically acquired two land parcels in the premium locality of Bandra (West), Mumbai, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The acquisition encompasses a total area of 2,666.37 square meters, positioning the company for future residential project developments.

Strategic Land Acquisition Details

The land acquisition represents a calculated investment in one of Mumbai's most coveted residential areas. The company has formally disclosed this acquisition to both NSE and BSE exchanges, highlighting the strategic importance of this purchase.

Regulatory Compliance and Disclosure

The acquisition was formally communicated to the stock exchanges through a regulatory filing. Company Secretary and Compliance Officer Mukesh Gupta signed the disclosure document, ensuring full compliance with SEBI regulations.

Market Positioning in Bandra West

Bandra (West) remains one of Mumbai's most prestigious residential destinations, known for its connectivity, infrastructure, and premium property values. The acquisition of land in this locality demonstrates Suraj Estate Developers' focus on high-value markets and strategic location selection for residential developments.

Future Development Plans

According to the regulatory disclosure, this acquisition will bolster the company's foray into launching new projects in Bandra (West). The acquired land parcels will serve as the foundation for upcoming residential project developments by the developer. With a combined area of 2,666.37 square meters, the parcels provide substantial development potential in the western suburbs of Mumbai.

The land purchase reflects the developer's confidence in Mumbai's real estate market and commitment to expanding its project portfolio in premium locations. The Bandra (West) acquisition positions Suraj Estate Developers to capitalize on the strong demand for quality residential properties in Mumbai's western corridor.