Sunteck Realty Limited has informed the Exchange about Incorporation of a wholly owned subsidiary of the Company
SUNTECK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sunteck Realty has set up a new wholly owned subsidiary called Mantavya Real Estates Private Limited (MREPL), which received its incorporation certificate on 4 November 2025. The new entity is registered in India and will engage in construction, real estate, and allied activities. Sunteck holds 100% of MREPL's share capital, having subscribed to 10,000 equity shares of ₹10 each, totalling ₹1 lakh in cash consideration. No related party or promoter interest is involved, and no regulatory approvals were required for the setup.
This is a small, routine internal restructuring with negligible capital outlay (₹1 lakh), and is unlikely to move the stock price on its own. However, it gives Sunteck a fresh vehicle to ring-fence or develop specific real estate projects going forward.