Suraj Estate Developers Promoter Group Continues Expansion with Latest Acquisition

1 min read     Updated on 13 Mar 2026, 06:22 PM
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Shriram SScanX News Team
AI Summary

Suraj Estate Developers promoter group continues to demonstrate strong confidence with Margarette Shwetha Thomas acquiring 7,000 equity shares through open market transactions on March 12, 2026. This latest acquisition increases the consolidated promoter group shareholding from 69.78% to 69.80%, following previous purchases by Rahul Rajan Jesu Thomas and earlier transactions by Margarette Shwetha Thomas totaling 68,951 shares in March 2026.

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Suraj Estate Developers continues to witness strong promoter confidence as multiple promoter group members have acquired equity shares through open market transactions. The latest acquisition by Margarette Shwetha Thomas on March 12, 2026, follows her previous purchase and recent transactions by Rahul Rajan Jesu Thomas, demonstrating sustained confidence in the real estate development company across the promoter group.

Latest Acquisition by Margarette Shwetha Thomas

Margarette Shwetha Thomas has acquired an additional 7,000 equity shares through open market transactions, as disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011:

Parameter: Details
Shares Acquired: 7,000
Transaction Date: March 12, 2026
Mode of Acquisition: Open Market (Stock Exchange)
Regulatory Filing: March 13, 2026
Filing Regulation: Regulation 29(2)

Updated Promoter Group Holdings

Following the latest acquisition, the consolidated promoter group shareholding has increased:

Shareholding Metric: Before Acquisition After Acquisition
Total Promoter Group Shares: 3,33,37,279 3,33,44,279
Shareholding Percentage: 69.78% 69.80%
Diluted Shareholding: 67.89% 67.91%

Previous Acquisitions by Promoter Group

Earlier transactions by promoter group members include:

Acquirer: Transaction Period Shares Acquired Value
Margarette Shwetha Thomas: March 9, 2026 16,754 Not disclosed
Rahul Rajan Jesu Thomas: March 2-5, 2026 30,225 ₹64.61 lakh
Rahul Rajan Jesu Thomas: March 4, 2026 14,972 Not disclosed
Total Recent Acquisitions: March 2026 68,951 ₹64.61 lakh+

Promoter Group Structure

The promoter group includes key members such as Rajan Meenathakonil Thomas, Sujatha Rajan Thomas, Elizabeth Lavanya Thomas, Margarette Shwetha Thomas, Rahul Rajan Jesu Thomas, and Accord Estates Private Limited. The recent acquisitions demonstrate continued confidence from the promoter group in the company's prospects.

Regulatory Compliance

The company maintains transparency in all promoter group transactions, ensuring full regulatory compliance. Margarette Shwetha Thomas's latest acquisition was disclosed under SEBI regulations with comprehensive filings submitted to both NSE and BSE. The equity share capital remains at ₹23,88,66,940 with 13,30,000 warrants pending conversion that would increase the fully diluted capital to ₹24,55,16,940.

Historical Stock Returns for Suraj Estate Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%-2.73%-7.40%-31.96%-39.97%-41.38%
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Margarette Thomas Acquires 18,500 Suraj Estate Shares Worth ₹39.01 Lakh

1 min read     Updated on 07 Mar 2026, 04:36 PM
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AI Summary

Margarette Shwetha Thomas, promoter group member of Suraj Estate Developers, acquired 18,500 equity shares worth ₹39.01 lakh through open market purchase on March 04-05, 2026. The acquisition increased the promoter group's collective shareholding from 69.70% to 69.73%, demonstrating continued confidence in the real estate developer.

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Suraj Estate Developers Limited has disclosed the acquisition of 18,500 equity shares by promoter group member Margarette Shwetha Thomas through regulatory filings submitted to stock exchanges. The transaction, completed over two days in March 2026, was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details and Regulatory Compliance

The acquisition involved 18,500 equity shares purchased through open market operations with a total transaction value of ₹39.01 lakh. Margarette Shwetha Thomas submitted the disclosure on March 06, 2026, following the mandatory substantial acquisition disclosure requirements.

Parameter: Details
Shares Acquired: 18,500
Transaction Value: ₹39.01 lakh
Acquisition Method: Open Market Purchase
Transaction Dates: March 04-05, 2026
Disclosure Date: March 06, 2026
Regulatory Framework: SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Shareholding Pattern Changes

Margarette Shwetha Thomas, who serves as a promoter group member, increased her individual shareholding through this strategic acquisition. The transaction was executed in two tranches over consecutive trading days.

Transaction Details: Shares Date
First Tranche: 5,500 shares March 04, 2026
Second Tranche: 13,000 shares March 05, 2026
Total Acquisition: 18,500 shares -

Updated Promoter Group Holdings

Following the acquisition, the promoter group's collective shareholding in the company increased, demonstrating continued confidence in the real estate developer's prospects. The promoter group includes Rajan Meenathakonil Thomas, Rahul Rajan Jesu Thomas, Sujatha Rajan Thomas, Elizabeth Lavanya Thomas, and Accord Estates Private Limited.

Holding Period: Promoter Group Shares Promoter Group %
Before Acquisition: 3,32,95,800 69.70%
After Acquisition: 3,33,14,525 69.73%

Company Information and Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction documentation includes detailed shareholding patterns and was submitted to both NSE and BSE. The company maintains an equity share capital of ₹23,88,66,940 with 13,30,000 warrants pending conversion.

Company Details: Information
Equity Share Capital: ₹23,88,66,940
Diluted Capital (Post-Warrant Conversion): ₹24,55,16,940
Pending Warrants: 13,30,000
Conversion Ratio: 1:1

Historical Stock Returns for Suraj Estate Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%-2.73%-7.40%-31.96%-39.97%-41.38%
Suraj Estate Developers
View Company Insights
View All News
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1 Year Returns:-39.97%