Sunteck Realty Board Approves Scheme of Arrangement, Appoints EY as Internal Auditor

Sunteck Realty Limited's Board of Directors met on October 1, 2026, approving a Scheme of Arrangement between Sunteck Realty and its wholly-owned subsidiary, Satguru Corporate Services Private Limited. The board also appointed M/s. Ernst & Young LLP (EY) as the company's Internal Auditor until March 31, 2027, based on the Audit Committee's recommendation. EY is recognized globally for its assurance, tax, transaction, and advisory services, focusing on enhancing risk management, control, and governance.