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Outcome of board meeting of Sunteck Realty

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Capital Market

Held on 12 February 2015

Sunteck Realty announced that the Board of Directors of the Company at its meeting held on 12 February 2015, inter alia, has transacted the following businesses:

1. Approved reduction of Share capital and allotment of 88,63,845 Equity Shares to the shareholders of Sanchit Derivatives pursuant to the scheme of arrangement approved by the High Court, Bombay.

2. Approved the appointment of Internal auditor and Secretarial Auditor.

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First Published: Feb 13 2015 | 11:50 AM IST

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