Sunteck Realty has allotted 3,52,941 Equity Shares after the conversion of warrants by NTAsian Discovery Master Fund at ₹425/- per share. This allotment increases the company’s equity share capital from ₹14,64,89,084 to ₹14,68,42,025. The warrants were initially allotted on December 5, 2025, with an 18-month conversion window.
Warrant Conversion and Equity Allotment
Sunteck Realty announced the allotment of 3,52,941 Equity Shares following the exercise of warrants by NTAsian Discovery Master Fund. The shares were issued at a price of ₹425/- per share.
Details of the Allotment
The warrant conversion was executed by NTAsian Discovery Master Fund, a Non-Promoter entity, exercising its right to convert all warrants held. This conversion follows the initial warrant allotment on December 5, 2025, allowing warrant holders to convert within 18 months, until June 4, 2027.
Impact on Share Capital
As a result of this allotment, the paid-up share capital of Sunteck Realty has increased. Specifically, it has risen from ₹14,64,89,084 consisting of Equity Shares of face value of ₹1 each, to ₹14,68,42,025 consisting of Equity Shares of face value of ₹1 each.
Details of Warrant Issuance
The company had initially allotted 1,17,64,705 Convertible Warrants at an issue price of ₹425/- per warrant, aggregating to ₹499,99,99,625/- through preferential allotment.
Source: BSE
