Sunteck Realty: No Deviation in Preferential Issue Fund Use

Sunteck Realty Ltd has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, in compliance with SEBI regulations. India Ratings & Research Private Limited, the monitoring agency, confirmed "no deviation from the objects" regarding the utilization of proceeds from the preferential issue of warrants convertible into equity shares. The preferential issue, conducted from November 28 to December 5, 2025, involved 1,17,64,705 share warrants at ₹425 each, raising ₹499.99 Crores. The report is based on management undertakings and documents, with the agency noting no independent verification was performed.