Mumbai, March 4 -- The Ministry of Corporate Affairs has issued the Certificate of Incorporation for the new entity.

EBPL will focus on real estate activities, including construction and allied services. Sunteck Realty has subscribed to 10,000 equity shares of EBPL, each with a face value of Rs 10, aggregating to Rs 100,000. The entire share capital of EBPL is held by Sunteck Realty.

The company clarified that the transaction does not fall within related party transactions, and none of the company's promoters, promoter groups, or group companies have any interest in the transaction.

Sunteck Realty (SRL) is one of India's leading luxury real estate developers. The company focuses on a city-centric development portfolio of about 52.5 mil...