D B Realty Ltd

Valor Estate Ltd has provided an update on its Letter of Award for the development of an International Convention Centre, Convention Hotel, and associated facilities in Dona Paula, Goa. The project will be implemented through Blue Crest Properties Private Limited, a wholly-owned subsidiary incorporated as a Special Purpose Vehicle (SPV). The SPV has deposited a Performance Bank Guarantee of ₹57.90 crore with the Government of Goa and has executed the Concession Agreement. This agreement governs the detailed rights and obligations for the Design, Build, Finance, Operate, and Transfer (DBFOT) project, which is expected to create significant long-term value for the company and its shareholders.

Valor Estate Ltd has announced the closure of its trading window for designated persons and connected individuals. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and is in preparation for the declaration of the company's unaudited financial results for the first quarter and three months ending June 30, 2026. The trading window will reopen 48 hours after the financial results are made public.

Valor Estate Ltd's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The audit reports were issued with an unmodified opinion. The board also approved the revision in the terms of appointment for Mr. Vinod K. Goenka and Mr. Shahid Balwa, effective June 1, 2026, subject to shareholder approval. The board meeting concluded at 9.15 p.m.

Valor Estate Ltd's board approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The audit reports were issued with an unmodified opinion. The board also approved the revision in the terms of appointment for Mr. Vinod K. Goenka and Mr. Shahid Balwa, effective June 1, 2026, subject to shareholder approval. The board meeting commenced at 6.30 p.m and concluded at 9.15 p.m.

Valor Estate Ltd has scheduled a meeting of its Board of Directors on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company has informed the BSE about this meeting in compliance with SEBI regulations.

Valor Estate Ltd, through its wholly owned subsidiary MIG (Bandra) Realtors Private Limited, has entered into a transaction document with Adani Goodhomes Private Limited for the acquisition of Radius Estates and Developers Private Limited. The acquisition, which is not a related party transaction, is in line with Valor Estate's real estate business and is intended to consolidate ownership and control over Radius Estates and its underlying project interests. Radius Estates, a real estate development company incorporated in 2014, has a turnover history of ₹ 157.55 crore in FY 2024-25, ₹ 0.31 crore in FY 2023-24, and ₹ Nil in FY 2022-23. The acquisition, which is subject to the release of pledged shares and the completion of agreed milestones, is expected to be completed by December 2027.

Valor Estate Ltd, formerly known as Jignesh Hasmukhla Shah, has announced the closure of the trading window for the financial results of the 4th quarter and year ending on 31st March, 2026. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations. The trading window will reopen on 1st April, 2026, after the record of the audited financial results for the year is made available to the public.

Valor Estate Ltd has received a Letter of Award from the Government of Goa for the development of an International Convention Centre, Convention Hotel, and associated downstream facilities at Dona Paula, Goa. The project, to be developed on a Design, Build, Finance, Operate and Transfer (DBFOT) basis, is expected to create significant long-term value for the company and its shareholders. The key details of the project are yet to be finalised, including project structuring, and financing arrangements.

The Goenka Family Trust has disclosed the creation of a pledge over 2,00,00,000 equity shares of Valor Estate Limited (formerly known as D B Realty Limited) in favor of Capri Global Capital Limited. This disclosure has been made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The shares have been pledged in connection with a financial facility availed by Valor Estate Limited.

Valor Estate Limited, formerly known as D B Realty Limited, has disclosed the creation of a pledge over 2,00,00,000 nos. of equity shares in favor of Capri Global Capital Limited. This pledge is in connection with a financial facility to be availed by DB View Infracon Private Limited, a wholly owned subsidiary of Valor Estate Limited. The shares have been encumbered by Neelkamal Tower Construction LLP, a Promoter of Valor Estate Limited. The total share capital of Valor Estate Limited is 126,19,88,320 shares, and the encumbered shares represent 3.69% of the total share capital.