Sunteck Realty Ltd — Capital/Financing Update 2020

Oct 20, 2020

Sunteck Realty Ltd. Sunteck SRL/SE/39/20-21 Date: 20h October, 2020

The Manager, Listing Department

National Stock Exchange of India Ltd Exchange Plaza, Plot no. C/1, G Block Bandra-Kurla Complex Bandra (East), Mumbai- 400 05 Scrip Code: SUNTECK

The Secretary, Listing Department, Department of Corporate Services

BSE Limited Phiroze Jeejecbhoy Tower, Dalal Street, Mumbai 400 001 Serip Code: 512179

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations")., we would like to infon about the Joint Development Agreement for residential project in Vasind.

The disclosure required under Regulation 30 of Listing Regulations is as follows-

1. Name of the Parties with whom the agreement is entered- M/s Swastik Swaraj

2. Purpose of entering into agreement- Joint Development Agreement for development of residential project in Vasind.

3. Shareholding, if any, in the entity with whom the agreement is execeuted- Not Applicable.

4. Significant terms of the agreement (in brie) special rights like right to appoint directors, first right to share subseription in case of issuance of shares, right to restrict any change in capital structure etc. - No such rights or restrictive clause has been provided in the agreement.

S. Whether, the said parties are related to promoter/promoter group/group companies in any manner. If yes, nature of relationship - No, the parties are not related to promoter/promoter group/group companies.

1. Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arms length"- No, the transaction does not fall under related party transactions.

2. In case of issuance of shares to the parties, details of issue price, class of shares issued - No, there is no such issuance of shares to the parties.

3. Any other disclosures related to such agreements viz., the details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements ete- No such clause has been entered into.

This is for your information and records

Thanking You,