Akshar Fincom Acquires 3.5% Stake In Sunteck Realty


News: India-based Akshar Fincom has acquired 3.5% stake in Sunteck Realty for INR650mn (US$10.58mn). The transaction also saw partial exit of shareholders Classic Arts & Movies and Maestro Ventures. The promoter holdings in the company as of December 31 stood at 73.49%, while non-institutions and institutions holdings stood at 20.77% and 5.75% respectively.

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Related sectors of this article: Real Estate
Geography: India