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Sunteck Realty Converts Facility Management Arm into Private Limited Company

Story Highlights
  • Sunteck Realty has converted its wholly owned subsidiary Clarissa Facility Management LLP into Clarissa Facility Management Private Limited.
  • The subsidiary remains wholly owned by Sunteck, signaling a structural shift aimed at governance and operational flexibility rather than a change in control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunteck Realty Converts Facility Management Arm into Private Limited Company

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Sunteck Realty Limited ( (IN:SUNTECK) ) just unveiled an announcement.

Sunteck Realty Limited has announced a corporate restructuring step involving its wholly owned subsidiary, Clarissa Facility Management LLP, which has been converted into a private company limited by shares and renamed Clarissa Facility Management Private Limited, effective 7 January 2026. The entity remains a wholly owned subsidiary, indicating a change in legal structure rather than ownership, a move that may streamline governance, improve compliance alignment, and provide greater flexibility for future capital or operational structuring within the group’s facility management business.

More about Sunteck Realty Limited

Sunteck Realty Limited is an Indian real estate developer based in Mumbai, primarily engaged in residential and commercial property development across key urban markets. The company focuses on mid-income to luxury housing and related real estate services, operating through various subsidiaries to manage development, facilities, and ancillary operations in the real estate sector.

Average Trading Volume: 21,991

Technical Sentiment Signal: Hold

Current Market Cap: 61.93B INR

See more data about SUNTECK stock on TipRanks’ Stock Analysis page.

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