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Sunteck Realty Limited is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region (MMR).
Sunteck Realty has sent Annual Report links to shareholders without registered emails, in advance of the 43rd AGM. It also reminded physical shareholders to update KYC details (PAN, bank, nomination) as future payments will be electronic for those with incomplete data.
Sunteck Realty certified >90% projects as green and significantly cut waste, boosting efficiency. Operational shifts include 31.37% procurement from MSMEs, 53.06% from trading houses, and accounts payable rising to 245 days. Employee turnover improved to 28.28%, customer complaints declined.
Sunteck Realty announced its 43rd Annual General Meeting to consider a dividend for the last financial year. A record date is set for dividend entitlement and a cut-off date for voting at the meeting.
Sunteck Realty is transferring unclaimed dividends and corresponding shares to the Investor Education and Protection Fund (IEPF). Affected shareholders can claim their holdings from IEPF; no claims will lie against the company post-transfer.
Sunteck Realty reported strong Q1 FY27 results: Revenue ~Rs. 192 Cr, EBITDA ~Rs. 67 Cr (up 40% YoY), and PAT ~Rs. 42 Cr (up 26% YoY). Pre-sales surged to ~Rs. 787 Cr (up 20% YoY), with collections at ~Rs. 409 Cr.