Sunteck Realty completes acquisition of Shreejikrupa Hotels and Properties
SUNTECK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.9 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Sunteck Realty's wholly owned subsidiary Apricum Buildwell has completed the acquisition of 100% equity stake in Shreejikrupa Hotels and Properties Private Limited on 19 January 2026. SHPPL holds 1.75 acres of land near Andheri Kurla Road and Sahar Road in Mumbai, close to the International Airport. The expected gross development value from this land parcel is around Rs 2,500 Crores. SHPPL has become a step-down wholly owned subsidiary of Sunteck Realty.
Adds a prime Mumbai land parcel with about Rs 2,500 Crores development potential, expanding Sunteck's project pipeline through a step-down subsidiary.