BSECompany Update1d ago · 1 Oct 2026, 08:23 pm
Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - Scheme of Arrangement
Sunteck Realty Ltd · 512179
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Sunteck Realty Ltd has approved a Scheme of Arrangement between itself and its wholly owned subsidiary Satguru Corporate Services Private Ltd, subject to regulatory approvals. The Scheme involves the demerger and consolidation of Satguru's residential real estate project into Sunteck on a going concern basis. The Scheme is expected to result in administrative and operational efficiencies, efficient pooling and deployment of financial resources, and project-specific capital allocation and funding strategies.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10
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Sunteck Realty Ltd - 512179 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
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Sunteck Realty Ltd.
Date: 1st October, 2026
National Stock Exchange of India Ltd BSE Limited
Exchange Plaza, Plot no. C/1, G Block, Bandra- Phiroze Jeejeebhoy Tower,
Kurla Complex, Bandra (East), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
Symbol: SUNTECK Scrip Code: 512179
Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing
Regulations”) – Scheme of Arrangement
Dear Sir / Madam,
We wish to inform you that the Board of Directors of the Company, at its meeting held today,
has approved the Scheme of Arrangement between Sunteck Realty Limited (“Resulting
Company” or “Sunteck”) and Satguru Corporate Services Private Limited (“Demerged
Company” or “Satguru”) - wholly owned subsidiary of Sunteck and their respective
shareholders under Section 230-232 of the Companies Act, 2013 and other applicable
provisions of Companies Act, 2013 (‘Scheme’).
The Scheme is subject to the requisite statutory / regulatory approvals including the approval
of National Company Law Tribunal.
The disclosure in respect of the aforesaid Scheme as required under Regulation 30 of the
Listing Regulations read with SEBI Master Circular dated 30th January, 2026 is attached as
Annexure A.
Request you to take the same on record.
Thank You.
Yours sincerely
For Sunteck Realty Limited
Rachana Hingarajia
Company Secretary
(ACS: 23202)
Encl.: a/a
5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai 400057. Tel: +91 22 4287 7800 Fax: +91 22 4287 7890
Website: www.sunteckindia.com CIN: L32100MH1981PLC025346 Email ID: cosec@sunteckindia.com
Sunteck Realty Ltd.
ANNEXURE A
Disclosure of information in relation to the Scheme pursuant to Regulation 30 of the
Listing Regulations read with the SEBI Master Circular
Sr. Details of Events that need Information of such Events
No. to be provided
1. brief details of the division(s) The Scheme is essentially an internal reorganisation
to be demerged between Sunteck Realty Limited (“Resulting Company”
or “Sunteck”) and its wholly owned subsidiary - Satguru
Corporate Services Private Limited (“Demerged
Company” or “Satguru”).
The Scheme provides for the demerger and
consolidation of the Demerged Business Undertaking
(as defined in the Scheme) of Satguru into Sunteck, on
a going concern basis.
The Demerged Business Undertaking of the Demerged
Company comprises of the residential real estate project
under “Sunteck City 4th Avenue Undertaking” (as
defined in the Scheme).
2. turnover of the demerged The turnover of the Demerged Business Undertaking of
division and as percentage to Satguru for the year ended 31 March 2026 was Rs. ~869
the total turnover of the listed Crs representing ~77% of the total consolidated turnover
entity in the immediately of Sunteck for the year ended 31st March 2026.
preceding financial year /
based on financials of the last
financial year;
3. rationale for demerger The Scheme is expected, inter alia, to result in the
following benefits:
1. Consolidation of Demerged Business Undertaking
2. To achieve administrative and operational
efficiencies
3. Efficient pooling and deployment of financial
resources, managerial resources and facilitate
project-specific capital allocation and funding
strategies.
There will be no change in the shareholding patterns of
Sunteck and Satguru.
4. brief details of change in The Scheme is essentially an internal reorganisation
shareholding pattern (if any) between Sunteck and its wholly owned subsidiary -
of all entities Satguru.
5. in case of cash consideration
– amount or otherwise share Since, Satguru is a wholly owned subsidiary of Sunteck,
exchange ratio hence, no shares are proposed to be issued pursuant to
6. whether listing would be the Scheme. Therefore, there will be no change in the
sought for the resulting entity shareholding patterns of Sunteck and Satguru. The
equity shares of the Resulting Company are already
listed on the Stock Exchanges. There is no requirement
of any new listing of shares as there is no consideration
involved in the Scheme.
5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai 400057. Tel: +91 22 4287 7800 Fax: +91 22 4287 7890
Website: www.sunteckindia.com CIN: L32100MH1981PLC025346 Email ID: cosec@sunteckindia.com