Sunteck Realty Ltd

Sunteck Realty Ltd. Reports ₹499.999 Crore Fund Utilization Update 📊

- Raised ₹499.999 Crores on December 5, 2025, through a preferential issue of warrants.

- ₹136.25 Crores utilized for land acquisition and development.

- ₹125 Crores received and fully utilized in Q4 2025 as upfront consideration for warrants.

- ₹11.25 Crores received and utilized in Q1 2026 from exercise of 352,941 convertible warrants.

- Remaining 75% of 11,411,764 warrants to be converted over the next 18 months.

- Audit committee reviewed and confirmed no deviations in fund usage.

- No comments were provided by auditors on the utilization.