Sunteck Realty Limited — Others, 02-05-2025: Change in Auditors

Sunteck Realty Ltd. has announced a board meeting to approve the financial results for the quarter and half-year, alongside a final dividend of 150% (₹1.50 per equity share). The Board approved a resolution to raise up to ₹2,250 Cr through equity and debt instruments, subject to shareholder approval, and sanctioned issuance of non-convertible debentures worth ₹31 Cr to PDL Realty Private Limited as part of a partnership retirement and merger. The statutory auditor was re-appointed for a second five-year term, and new Secretarial, Internal, and Cost Auditors were appointed. The Audit Committee now includes only independent directors to strengthen governance.