Allotment of 11764705 Convertible Warrants on preferential basis to Promoter/ Promoter Group and Non-Promoters
As filed · Sunteck Realty Limited has informed the Exchange regarding allotment of 11764705 Convertible Warrants on preferential basis to Promoter/ Promoter Group and Non-Promoters.
What happened
FactSunteck Realty Limited has informed the Exchange regarding allotment of 11764705 Convertible Warrants on preferential basis to Promoter/ Promoter Group and Non-Promoters. We wish to inform you that the Company has today allotted, 1,17,64,705 Convertible Warrants. amount is payable upon exercise of Warrants by the Warrant Holder, within a period of.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
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- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- 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 regarding allotment of 11764705 Convertible Warrants on preferential basis to Promoter/ Promoter Group and Non-Promoters.(opens the original filing in a new tab)
- Earlier statement · 9M FY26
- Latest statement · 9M FY26
- Earlier statement · 9M FY26
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%