tiprankstipranks
Advertisement
Advertisement

Sunteck Realty Forms Wholly Owned Subsidiary Etashi Real Estates

Story Highlights
  • Sunteck Realty has incorporated Etashi Real Estates as a wholly owned subsidiary in India.
  • The new subsidiary will focus on construction and real estate activities, fully funded by Sunteck’s cash investment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunteck Realty Forms Wholly Owned Subsidiary Etashi Real Estates

Claim 30% Off TipRanks

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

Sunteck Realty Limited has incorporated a new wholly owned subsidiary, Etashi Real Estates Private Limited, in India to undertake real estate activities including construction, real estate development and related operations. The company has subscribed in cash to 10,000 equity shares of the new entity, representing 100% of its share capital, indicating a strategic move to expand or structure its real estate portfolio through a dedicated subsidiary vehicle.

More about Sunteck Realty Limited

Sunteck Realty Limited is an Indian real estate company engaged in construction, real estate development and allied activities, with a focus on property-related projects and services in the domestic market.

Average Trading Volume: 18,251

Technical Sentiment Signal: Sell

Current Market Cap: 57.52B INR

For an in-depth examination of SUNTECK stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1