Subsidiary26 Jun 2026, 07:50 pm
Sunteck Realty Incorporates Wholly Owned Subsidiary Eminara Buildcon
AI Summary
Sunteck Realty Ltd. has announced the incorporation of its wholly owned subsidiary, Eminara Buildcon Private Limited (EBPL). The incorporation was finalized on June 26, 2026, in India. EBPL will engage in real estate activities, including construction and allied services. Sunteck Realty has subscribed to 10,000 equity shares of EBPL, with a face value of ₹10 each, for a total consideration of ₹1,00,000, thereby holding 100% of the share capital. This move is part of the company's strategic expansion in the real estate sector.
Key Highlights
- Sunteck Realty incorporates a new wholly owned subsidiary, Eminara Buildcon Private Limited.
- The subsidiary will focus on real estate activities and construction.
- Sunteck Realty has invested ₹1,00,000 for 100% shareholding in the new entity.
- The incorporation took place on June 26, 2026, in India.
Price Impact
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