SUNTECK REALTY LTD.

Sunteck Realty Ltd has announced that its Board of Directors will convene on October 26, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for both standalone and consolidated operations for the quarter and half-year ended September 30, 2026. In line with SEBI regulations, the trading window for the company's securities will remain closed until 48 hours after the results are declared.

Sunteck Realty Ltd announced that its wholly owned subsidiary has acquired approximately 4.5 acres of land located adjacent to New Link Road in Borivali West, Mumbai. This strategic acquisition is expected to bolster the company's land bank in a prime Mumbai location, potentially leading to future development projects. The transaction has been confirmed not to be a related party transaction.

Sunteck Realty Limited announced the appointment of M/s. Ernst & Young LLP (EY) as its Internal Auditor. This decision was approved by the Board of Directors at a meeting held on October 1, 2026. EY will serve as the internal auditor until March 31, 2027. The filing also mentioned an approved Scheme of Arrangement between Sunteck Realty Limited and its wholly-owned subsidiary, Satguru Corporate Services Private Limited, under the Companies Act, 2013. EY is described as a global leader in assurance, tax, transaction, and advisory services, focusing on enhancing risk management, control, and governance processes.

Sunteck Realty Ltd. announced that its Board of Directors has approved a Scheme of Arrangement with its wholly-owned subsidiary, Satguru Corporate Services Private Limited. The scheme involves the demerger and consolidation of Satguru's "Sunteck City 4th Avenue Undertaking" into Sunteck Realty on a going concern basis. This internal reorganization aims to consolidate the business undertaking, achieve administrative and operational efficiencies, and facilitate better pooling and deployment of financial and managerial resources. The demerged undertaking contributed approximately ₹869 Crores, representing about 77% of Sunteck's total consolidated turnover for the financial year ended March 31, 2026. The scheme is subject to statutory and regulatory approvals, including from the National Company Law Tribunal. There will be no change in the shareholding patterns of either company as it is an internal restructuring without share issuance.

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.

Sunteck Realty Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from October 1st, 2026, and will reopen 48 hours after the declaration of the unaudited financial results for the quarter and half-year ending September 30th, 2026. This measure is standard practice to prevent insider trading during the sensitive period of financial result announcement.

Sunteck Realty Ltd. has received a Goods and Services Tax (GST) demand cum show cause notice (SCN) for ₹59.43 crore, including interest and penalty. The notice pertains to the financial year 2022-23 and relates to the tax liability on the procurement of Transferable Development Rights (TDR) from the open market. The company firmly believes the SCN lacks merit, asserting that GST is not applicable on such transactions as they do not constitute a supply of goods or services. Sunteck Realty plans to file a reply disputing the demand and has stated there is no expected material financial impact, as they will defend their case. The company also noted the notice is incorrect in its calculation and was issued despite a comprehensive audit for the period.

Sunteck Realty Ltd reported a record-breaking fiscal year 2026 at its 43rd Annual General Meeting. The company achieved record levels in pre-sales, collections, revenue, EBITDA, profit after tax, and operating cash surplus, while maintaining a low leverage of 0.06x. Pre-sales grew 25% year-on-year to ₹3,157 crore, marking the fifth consecutive year of growth. Revenue from operations increased by 32% to ₹1,124 crore, and EBITDA surged by 64% to ₹305 crore, with margins expanding to 27%. Profit after tax rose 34% to ₹202 crore. The company emphasized its focused, disciplined, and capital-efficient business model, driven by strong domestic demand and structural shifts in India's real estate sector, particularly in the MMR region. The chairman highlighted the company's strategy of building in a familiar region across luxury segments and funding growth from internal cash generation.

Sunteck Realty Ltd. announced the grant of stock options to eligible employees under its Employees Stock Option Scheme 2017 and 2022. The Nomination and Remuneration Committee approved the grant on September 7, 2026. A total of 10,000 options were granted under ESOS 2017 at an exercise price of ₹225 per option, effective September 7, 2026. Additionally, 2,500 options were granted under ESOS 2022 at an exercise price of ₹1 per option, effective November 17, 2026. These options cover a total of 12,500 equity shares. Vesting is scheduled between one to five years from the grant date, with a 6-month exercise window post-vesting, followed by an additional 6-month period if not exercised.

Sunteck Realty Ltd has informed shareholders about the availability of its Annual Report 2025-26 and the Notice for the 43rd Annual General Meeting (AGM). In compliance with SEBI LODR Regulations, a letter containing web links to these documents has been sent to members whose email addresses are not registered. The AGM is scheduled for September 24, 2026, via Video Conferencing. The company also reminded shareholders to update KYC details and dematerialize physical securities, highlighting that payments like dividends will be electronic only from April 1, 2024, for those with incomplete KYC.