Satguru Infocorp Services, Starlight Systems have offloaded their entire 4.1% stake in Sunteck Realty for Rs 288 crore through open market transactions. Satguru Infocorp Services and Starlight Systems were the promoter entities that sold their shares in the Mumbai-based real estate developer.
Satguru Infocorp Services and Starlight Systems disposed 30 lakh shares each in Sunteck Realty. In a separate transaction on the NSE, British multinational asset management company Schroders plc through its fund/affiliate acquired more than 10 lakh shares of Sunteck Realty.
Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.
