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      • Sunteck Realty forms two wholly-owned subsidiaries to strengthen real estate operations
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      Sunteck Realty forms two wholly-owned subsidiaries to strengthen real estate operations

      Sunteck Realty
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      Sunteck Realty has expanded its operational footprint by incorporating two wholly-owned subsidiaries, Eminara Realty Private Limited and Eminara Lifespace Private Limited.

      The company subscribed to 10,000 equity shares in each entity, with a face value of ₹10 per share, aggregating to a total subscription cost of ₹1,00,000 for each subsidiary. This strategic move aims to bolster the company’s presence in the construction and real estate sectors.

      The Certificate of Incorporation for both entities was issued by the Ministry of Corporate Affairs, Central Registration Centre, and was made available on the ministry’s website on June 22, 2026. Both subsidiaries are classified under real estate activities and will engage in construction, real estate, and allied operations. Sunteck Realty holds 100% of the share capital in both Eminara Realty Private Limited and Eminara Lifespace Private Limited, maintaining full control over the new ventures.

      The incorporation was conducted through a cash consideration, and the transaction does not fall under related party transactions. There is no interest from the promoter or promoter group in these entities. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

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