Sunteck Realty Incorporates Wholly-Owned Subsidiary for Real Estate Activities
Sunteck Realty Limited has incorporated a wholly-owned subsidiary named Eminara Buildcon Private Limited (EBPL) to focus on real estate activities. The Certificate of Incorporation for EBPL was issued by the Ministry of Corporate Affairs and made available on June 26, 2026.The new entity is set up to handle construction, real estate, and allied activities. Sunteck Realty holds a 100% stake in EBPL, making it the holding company for this newly formed subsidiary.
Key operational and financial details regarding the incorporation of Eminara Buildcon Private Limited are as follows:
| Requirement | Details |
|---|---|
| Name of Entity | Eminara Buildcon Private Limited (EBPL) |
| Date & Country of Incorporation | June 26, 2026, India |
| Industry | Real Estate activities |
| Business Scope | Construction, Real Estate and allied activities |
The company subscribed to 10,000 equity shares of EBPL. The face value of each share is ₹ 10, aggregating a total subscription cost of ₹ 1,00,000/-. The nature of consideration for the acquisition was cash. No governmental or regulatory approvals were required for the incorporation process.
SUNTECK Stock Price Movement
Sunteck Realty Limited shares shed 1.50%, settling at ₹319.00 on Thursday after trading down by ₹4.85. The stock traded within a range of ₹317.90 and ₹325.50, with 107,265 shares transacting 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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