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Gaurav Narendra Puri

30th Oct · SEBI-Registered Analyst

Following the addition of two subsidiaries by its Dubai business, Sunteck Realty shares are under scrutiny.

SUNTECK
Following the company's announcement on Wednesday that its Dubai-based wholly-owned subsidiary Sunteck Lifestyles Ltd. had acquired two subsidiaries, GGICO Sunteck and Sunteck Mas, which are now its subsidiaries as well, Sunteck Realty Ltd. shares are under scrutiny on Thursday, October 30. According to an exchange filing, Sunteck Lifestyles signed a supplemental agreement to the joint venture agreement with Grand Valley General Trading LLC and GGICO Sunteck Limited on October 27, 2025. On October 28, it signed a project development agreement, which gave it the authority to name the majority of GGICO Sunteck's board members.

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