Sunteck Realty Limited ( (IN:SUNTECK) ) has shared an announcement.
Paripurna Trust, a promoter of Sunteck Realty Limited, has announced an acquisition of up to 100,000 equity shares from another promoter through an inter-se transfer. This acquisition, which represents 0.07% of the company’s share capital, is part of an internal re-organization and succession planning within the promoters’ family, and is executed without any financial consideration. The transaction is exempt from making an open offer under SEBI regulations, indicating a strategic move to consolidate promoter holdings.
More about Sunteck Realty Limited
Sunteck Realty Limited operates in the real estate industry, focusing on the development of residential and commercial properties. The company is known for its premium projects and has a significant presence in the Mumbai Metropolitan Region, catering to a diverse clientele ranging from luxury to affordable housing segments.
YTD Price Performance: -26.48%
Average Trading Volume: 19,535
Current Market Cap: 54.71B INR
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