Sunteck Realty incorporates new wholly-owned subsidiary for real estate expansion

Sunteck Realty Ltd. informed the stock exchanges on November 24, 2025, about the incorporation of Ishitra Lifespace Private Limited (ILPL), a wholly-owned subsidiary. The Ministry of Corporate Affairs issued the Certificate of Incorporation for ILPL on November 23, 2025.

ILPL is incorporated in India and will focus on real estate activities, including construction, real estate, and allied businesses. Sunteck Realty has subscribed to 10,000 equity shares of ILPL, each with a face value of ₹10, aggregating to ₹1,00,000. This subscription gives Sunteck Realty 100% control and ownership of ILPL's share capital.

The incorporation is classified under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. No governmental or regulatory approvals were required for the incorporation, and the consideration for the subscription was entirely in cash.