- Business
- Suratwwala Business Group Limited engages in real estate development, primarily focused on constructing residential buildings, commercial complexes, IT parks, and redevelopment projects in the Pune region of India; it also provides maintenance services for developed properties including housekeeping, security, and power backup, rents immovable properties such as space for mobile towers, hoardings, banners, and unsold units, and offers solar power generation activities encompassing installation and commissioning of solar plants for industries, residential communities, commercial outlets, restaurants, hospitals, and corporate houses, along with related business auxiliary services. Incorporated in 2008 and headquartered at 4/38 Sumangal Building, Office No. 2, 1st Floor, Sahakar Colony, Karve Road, Erandawane, Pune, Maharashtra 411004, India, the company listed on the BSE in August 2020 and migrated to the NSE in February 2023, with operations centered on the Pune metropolitan area and membership in CREDAI Pune Metro. Recent developments include the incorporation of Suratwwala Natural Energy Resources LLP in June 2022 with a 99% capital contribution to expand renewable energy efforts, a strategic venture into solar power focusing on installations in fiscal year 2025, recommendation of a Rs. 0.10 per share final dividend for FY 2024-25 subject to approval at the AGM on September 30, 2025 with record date September 12, 2025, release of unaudited Q1 FY26 financial results in August 2025, and the resignation of Independent Director Ms. Dimple Sanghvi in August 2025.