Sunteck Realty Incorporates Two Wholly Owned Subsidiaries in Real Estate Sector
Sunteck Realty Limited has established two new wholly owned subsidiaries, Eminara Realty Private Limited and Eminara Lifespace Private Limited. The incorporation was completed in India on June 20, 2026, marking a strategic expansion into the real estate activities sector.The newly incorporated entities are positioned to operate within Construction, Real Estate, and allied fields. Sunteck Realty Limited holds full control over both organizations.
Financial details regarding the subscription of shares for these two subsidiaries include:
| Entity Name | Shares Subscribed | Face Value per Share | Total Cost to Sunteck |
|---|---|---|---|
| Eminara Realty Private Limited (ERPL) | 10,000 equity shares | ₹10 | ₹1,00,000 |
| Eminara Lifespace Private Limited (ELPL) | 10,000 equity shares | ₹10 | ₹1,00,000 |
The two subsidiaries are wholly owned by Sunteck Realty Limited. The total share capital of both ERPL and ELPL is controlled by the company, holding 100% stake in each entity.
This move aligns with the construction and real estate domain, through which these new entities will operate.
SUNTECK Stock Price Movement
Shares of Sunteck Realty Limited slipped by 2.81% today to settle at ₹315.10, following a loss of ₹9.10 from the previous close. The decline occurred amid trading that saw over 449,000 shares change hands during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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