
Regulatory21 Jul 2026, 06:50 pm
Sunteck Realty: No Deviation in Preferential Issue Proceeds Utilization
AI Summary
Sunteck Realty Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by India Ratings & Research Private Limited, confirms no deviation from the stated objects for the utilization of proceeds from its preferential issue of warrants convertible into equity shares. The issue, which raised INR 499.99 Crores, involved 1,17,64,705 warrants at Rs. 425 per warrant. The report is in compliance with SEBI regulations and is based on information provided by the issuer and reliable sources.
Key Highlights
- Monitoring Agency Report confirms no deviation in fund utilization.
- Report covers preferential issue of warrants for Q4 FY26.
- Issue size was INR 499.99 Crores.
- Monitoring Agency is India Ratings & Research Private Limited.
- Compliance with SEBI (LODR) and SEBI ICDR Regulations.
Price Impact
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