Sunteck Realty Limited — JV/Acquisition, 28-02-2025: Amalgamation/Merger

Sunteck Realty Ltd. has confirmed the approval of the amalgamation of its wholly owned subsidiaries, Starlight Systems Private Limited and Satguru Infocorp Services Private Limited, into the parent company. The amalgamation aims to streamline operations and enhance overall efficiency. The appointed date for this scheme is set at 14th December 2023, with the merger becoming effective once the NCLT order is filed with the Registrar of Companies. This strategic move is expected to bolster Sunteck’s market position and could unlock additional shareholder value.