Silverleaf Capital has disposed of approximately 332,190 shares of Suraj Estate Developers for an average price of ₹255.5, signifying a significant financial transaction between the two companies.

Suraj Estate Developers has purchased land in Dadar West for approximately INR 18 crores, marking a significant move towards redevelopment in the South Central Mumbai region. The estimated project gross development value (GDV) is INR 100 crores, with an anticipated saleable area of around 0.18 lakh square feet. This acquisition will amplify Suraj Estate's presence in the bustling area of South Central Mumbai.

Suraj Estate Developers has reported a significant loss of ₹49.9 crores due to the expiration of convertible warrants, as the holder failed to convert them within the stipulated 18-month period at the price of Rs. 750 each. A total of approximately 13.3 lakh warrants issued by the company remain unconverted.