Suraj Estate Developers Satyendra Shridhar Nayak appointed
Suraj Estate Developers (BSE: SURAJEST) said Satyendra Shridhar Nayak has been appointed. The company is valued at about ₹848 crore.
What happened
Suraj Estate Developers (BSE: SURAJEST) informed the stock exchanges on 31 October 2026 at 07:40 PM that Satyendra Shridhar Nayak has been appointed.
Company snapshot
Suraj Estate Developers is a micro-cap company, with a market value of about ₹848 crore.
The stock last traded at ₹177.6, against a 52-week range of ₹165–₹297.7 (40.4% below the high).
Before this filing the shares had moved −18.3% over the month and −9.1% over three months. Average daily turnover over the last 20 sessions was about ₹1.47 crore.
Promoters held 69.80% at the end of Q1 FY27. Foreign institutions owned 1.31% and domestic institutions 1.03%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 132 | 21.3 | 4.6 |
| Q2 FY26 | 145 | 33.1 | 7.15 |
| Q3 FY26 | 180 | 25.2 | 5.44 |
| Q4 FY26 | 99 | 10.8 | 2.32 |
| Q1 FY27 | 145 | 22.8 | 4.94 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 4,080 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 31 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.