ALPHA TRIBE

Sunteck Realty LimitedOthers, 05-03-2025: Disclosure under SEBI Takeover Regulations

05-03-2025 | 02:52 pm

Paripurna Trust intends to acquire up to 1,00,000 equity shares of Sunteck Realty Limited from fellow promoter Anupma Khetan through an inter-se transfer, effective on or after 11th March 2025. This transaction, conducted without any consideration, is part of succession planning within the promoter family. Post-acquisition, Paripurna Trust's ownership interest will rise from 13.16% to 13.23%, signaling a slight consolidation of control among promoters. This maneuver may boost shareholder confidence as it reflects stability and continuity in management within the family-led structure of the company.

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