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Suraj Estate Developers plans to raise up to Rs 165 crore via debenture placement
05-Aug-2026, 07:12
Suraj Estate Developers Limited will seek to raise up to Rs 165,00,00,000 through a private placement of Senior, secured, Unrated, Unlisted, redeemable, taxable, non-convertible debentures, each with a face value of Rs 10,00,000, the company said in a filing on August 5, 2026, adding that a meeting of the Management Committee of the Board of Directors is scheduled for August 10, 2026, to consider and approve the fundraising.
Suraj Estate Developers Limited will seek to raise up to Rs 165,00,00,000 through a private placement of Senior, secured, Unrated, Unlisted, redeemable, taxable, non-convertible debentures, each with a face value of Rs 10,00,000, the company said in a filing on August 5, 2026, adding that a meeting of the Management Committee of the Board of Directors is scheduled for August 10, 2026, to consider and approve the fundraising.