Valor Estate schedules 19th AGM, highlights demerger and financial results
Valor Estate Limited (formerly D B Realty Limited) will hold its 19th Annual General Meeting (AGM) on September 30, 2025, to approve the audited financial statements for the fiscal year ended March 31, 2025. The company reported a consolidated net loss after tax of ₹11,803.10 lakhs for FY25, a decrease from a profit of ₹131,713.87 lakhs in FY24, with total revenue at ₹118,121.24 lakhs. The AGM will also cover the re-appointment of Nabil Patel as director and Vinod K. Goenka as executive chairman cum managing director. Additionally, M/s. V. M. Kundaliya & Associates will be appointed as secretarial auditor for five years.
A major corporate restructuring involves the demerger of Valor Estate’s hospitality business into Advent Hotels International Limited, which will be listed on BSE and NSE. This aims to simplify the corporate structure and enhance value for existing shareholders. Operations include advancing key projects such as TEN BKC and Godrej Avenue Eleven, and managing a land bank in MMR. Valor Estate continues to focus on residential and commercial developments while adopting asset-light strategies through joint ventures.
The company's Business Responsibility and Sustainability Report (BRSR) for FY25 highlights its commitment to ethical governance and sustainable practices. The report details initiatives in environmental protection, employee well-being, and community engagement. As of March 31, 2025, Valor Estate had 1,091 permanent employees and 180 workers.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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