Sunteck Realty Ltd arm acquires Shreejikrupa Hotels and Properties Pvt Ltd

Pursuant to the conditions precedent as per the SPA have been fulfilled and that Apricum Buildwell Private Limited (ABPL), wholly owned subsidiary of Sunteck Realty Limited has completed the acquisition of 100% equity stake of Shreejikrupa Hotels and Properties Private Limited (SHPPL) on 19th January, 2026. Post acquisition, SHPPL has become a wholly owned subsidiary of ABPL and a step-down wholly owned subsidiary of the Company.

SHPPL has a land admeasuring 1.75 acres situated at off Andheri Kurla Road & Sahar Road, Andheri, near International Airport, Mumbai. The gross development value expected from the development of this land parcel is approx. Rs. 2,500 Crores.

Shares of Sunteck Realty Limited was last trading in BSE at Rs. 402.20 as compared to the previous close of Rs. 404.70. The total number of shares traded during the day was 7524 in over 331 trades.

The stock hit an intraday high of Rs. 404.70 and intraday low of 391.10. The net turnover during the day was Rs. 2993373.00.

Source : Equity Bulls

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