Sunteck Realty has received an approval for the allotment of 46,67,697 Equity Shares of face value Rs 1 each to the Promoter Group Entities namely Astha Trust, Glint Infraprojects, Eskay Infrastructure Development, Starteck Infraprojects, at the issue price of Rs 323.50 per Equity Share, aggregating to Rs 151 crore on preferential basis. The Capital Raising Committee of the Board of Directors of the company at its meeting held on December 7, 2017 has approved for the same.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
