Sunteck Realty: No Deviation in Preferential Issue Fund Use for Q2 FY27

Sunteck Realty Ltd has confirmed no deviation or variation in the utilization of funds raised through a preferential issue of warrants for the quarter and half-year ended September 30, 2026. The company raised Rs. 499.999 Crores on December 5, 2025. The statement, reviewed by the Audit Committee, indicates that funds were allocated to land acquisition (₹136.25 Crores utilized) and project deployment (₹0 utilized), with no deviation reported. The company also noted that no warrants were exercised during the September 2026 quarter.