Sunteck Realty Limited — JV/Acquisition, 25-04-2025: Amalgamation/Merger

Sunteck Realty Ltd. is moving forward with the amalgamation of its wholly-owned subsidiaries, Starlight Systems Pvt. Ltd. and Satguru Infocorp Services Pvt. Ltd., following the National Company Law Tribunal's approval. The amalgamation has become effective, leading to the dissolution of the transferor companies, while their ₹ 1 crore authorized share capital has merged with Sunteck's, increasing its total authorized share capital to ₹ 22 crore. No new shares are being issued as a result of this scheme, ensuring that the issued and paid-up share capital remains unchanged. This strategic move aims to enhance operational efficiency and consolidate resources, potentially benefiting shareholders in the long run.