Sunteck Realty Ltd. has completed an internal restructuring, transferring its 100% stake in Mantavya Real Estates Private Limited to another wholly-owned subsidiary, Sunteck Real Estates Private Limited (SREPL). This move transitions Mantavya into a step-down wholly-owned subsidiary of the parent company. The transaction, valued at Rs. 1,00,000/-, was finalized on April 6, 2026, as part of the company’s organizational realignment strategy.
Strategic Internal Realignment
As part of its organizational strategy, Sunteck Realty Ltd. has successfully shifted the ownership structure of its subsidiary, Mantavya Real Estates Private Limited. Effective April 6, 2026, the entire shareholding of Mantavya has been moved from the parent company to Sunteck Real Estates Private Limited (SREPL), which is also a wholly-owned subsidiary.
Transaction Details
The restructuring process was completed on April 6, 2026, with the transfer of the 100% stake for a total consideration of Rs. 1,00,000/-. This transaction qualifies as a related party deal, occurring between the company and its wholly-owned subsidiary, and has been executed on an arm’s length basis. Consequently, Mantavya now functions as a step-down subsidiary within the group structure.
Company Background
Mantavya Real Estates Private Limited was originally incorporated on November 4, 2025. As a newly established entity with limited operational history during the previous financial year, its financial metrics, including turnover and net worth contributions, remain not applicable at this stage of the business cycle.
Source: BSE
