Sunteck Realty Limited has informed the Exchange regarding allotment of 352941 Equity shares pursuant to conversion of warrants at on January 23, 2026
SUNTECK · price
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Sunteck Realty Limited has allotted 352,941 equity shares following the conversion of warrants on January 23, 2026. This means warrant holders chose to convert their warrants into actual equity shares of the company. As a result, the company's total share count has increased by 352,941 shares. The conversion details, including the conversion price, were not disclosed in this specific filing.
This is a minor dilution event for existing shareholders as new shares enter the share count. Unless the conversion price was significantly below market value, the impact on share price is likely to be limited.