Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sunteck Realty Limited ( (IN:SUNTECK) ) just unveiled an announcement.
Sunteck Realty Limited reported that there were no deviations or variations in the use of proceeds from its preferential issue of warrants for the quarter ended 31 December 2025. The company had raised approximately Rs 500 crore on 5 December 2025, monitored by India Ratings & Research, and confirmed—following Audit Committee review—that the funds are being utilized as originally disclosed, primarily for land acquisition and development rights, project deployment through the company and its subsidiaries, and general corporate purposes, underscoring adherence to stated capital allocation plans and regulatory requirements.
More about Sunteck Realty Limited
Sunteck Realty Limited is an Indian real estate developer based in Mumbai, focused on residential and mixed-use projects. The company operates through its own platform and subsidiaries, with a strategy that includes acquiring land and development rights and deploying capital into ongoing and future real estate developments, particularly in key urban markets.
Average Trading Volume: 19,692
Technical Sentiment Signal: Sell
Current Market Cap: 54.12B INR
See more insights into SUNTECK stock on TipRanks’ Stock Analysis page.