StockWatch
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Residential- Commercial Projects
Auditor1 Oct 2026, 08:30 pm

Sunteck Realty Appoints EY as Internal Auditor

AI Summary

Sunteck Realty Limited announced the appointment of M/s. Ernst & Young LLP (EY) as its Internal Auditor. This decision was approved by the Board of Directors at a meeting held on October 1, 2026. EY will serve as the internal auditor until March 31, 2027. The filing also mentioned an approved Scheme of Arrangement between Sunteck Realty Limited and its wholly-owned subsidiary, Satguru Corporate Services Private Limited, under the Companies Act, 2013. EY is described as a global leader in assurance, tax, transaction, and advisory services, focusing on enhancing risk management, control, and governance processes.

Key Highlights

  • Sunteck Realty appoints EY as Internal Auditor.
  • EY's appointment is effective until March 31, 2027.
  • Board also approved a Scheme of Arrangement.
  • EY is a global leader in audit and advisory services.