Sunteck Realty Ltd
Sunteck Realty Expands Capacity with ₹9.12 Crore Land Acquisition 🏗️📈
• Monitoring Agency Report submitted for March 31, 2026 quarter
• Preferential issue: 1,17,64,705 convertible warrants at ₹425 each
• Total issue size: ₹499.99 crores
• ₹136.25 crores received as of March 2026 (₹125cr in Q4 2025 + ₹11.25cr in Q1 2026)
• ₹9.12 crores utilized for land acquisition
• ₹2.13 crores used for incidental charges
• No deviations from stated objectives
• No idle proceeds reported
• Balance ₹318.75 crores (75%) pending conversion within 18 months
• All statutory approvals in place