Valor Estate board to meet for financials, capital restructuring
Valor Estate Limited (formerly D B Realty Limited) announced a board of directors meeting scheduled for Friday, November 14, 2025. The agenda includes considering and approving the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2025.
Additionally, the board will discuss a significant alteration regarding the company's existing redeemable preference shares. The proposal involves converting these non-convertible, non-cumulative preference shares into compulsory convertible preference shares. This change would lead to consequential adjustments in the company's authorized share capital, pending compliance with legal and regulatory provisions and shareholder approval.
The announcement, dated November 7, 2025, was made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jignesh Shah, company secretary, signed the intimation.
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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