The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Glint Infraprojects Pvt Ltd & Others
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 0.2 pts less than Nifty Microcap 250 and 0.3 pts more 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.
Glint Infraprojects Pvt Ltd, part of the promoter and promoter group of Sunteck Realty Ltd, acquired 7,000 equity shares on the open market on 22nd May 2025. This marginally increased the promoter group's aggregate holding from 9,27,09,679 shares (63.28%) to 9,27,16,679 shares (63.29%) of the company's total share capital. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011. The total equity share capital of Sunteck Realty remains unchanged at 14,64,89,084 shares of Re. 1 each. The acquisition was made by an entity acting in concert with the Khetan family, which is part of the promoter group.
The move signals continued promoter confidence in the company, though the increase in stake is negligible (just 0.01%). It is unlikely to have any meaningful impact on the stock price, as the promoter holding was already well above the majority threshold and continues to remain there.