Amalgamation
As filed · Amalgamation/Merger
What happened
FactAmalgamation/Merger. update on the Scheme of Amalgamation (‘Scheme’) of Starlight Systems Private. Limited (‘Starlight’) and Satguru Infocorp Services Private Limited (‘Satguru’).
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
ContradictedEBITDA stood strong at INR82 crores with an EBITDA margin of 24%.
We reported net profit of INR57 crores, which is a 34% growth over quarter 3 of FY '25.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- we will look for those completion of approval, and obviously, thereafter RERA and we'll be looking to launch t (management committed by H1 FY27)
- we are looking to launch one tower in Mira Road, which is Sunteck Sky Park, fourth tower, and then Vasai, we a (management committed by H1 FY27)
Evidence
- Sunteck Realty Limited has informed the Exchange about further update on the Scheme of Amalgamation ( Scheme ) of Starlight Systems Private Limited ( Starlight ) and Satguru Infocorp Services Private Limited ( Satguru ) (Wholly Owned Subsidiaries) with Sunteck Realty Limited ( the Company ) and their respective shareholders(opens the original filing in a new tab)
- Earlier statement · 9M FY26
- Latest statement · 9M FY26
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%