Sunteck Realty Limited — Others, 24-03-2025: Disclosure under SEBI Takeover Regulations

Paripurna Trust has announced a board meeting regarding the acquisition of 1,00,000 shares of Sunteck Realty Limited through an inter-se transfer as a gift among promoters. This transaction, amounting to 0.07% of the total share capital, will not involve any monetary consideration.

Post-transaction, Paripurna Trust's holding increases slightly to 63.27%. This strategic move may enhance promoter solidarity within Sunteck Realty, potentially influencing investor sentiment positively as it reinforces commitment among key stakeholders, albeit with minimal immediate financial impact.