Valor Estate Limited has received a disclosure from its promoter Neelkamal Tower Construction LLP confirming that no fresh encumbrances were created on the promoter's shareholding during the financial year ended March 31, 2026. The disclosure was submitted under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The promoter group's filing certifies that no encumbrance was made over the shares held in Valor Estate Limited, directly or indirectly, during the last fiscal year, other than those already disclosed. The statement covers all shares held by Neelkamal Tower Construction LLP along with persons acting in concert with the promoter.
The disclosure lists 11 entities and individuals classified as promoters or persons acting in concert with Neelkamal Tower Construction LLP in Valor Estate Limited. These include Neelkamal Tower Construction LLP as the promoter entity and Shahid U. Balwa as a co-promoter. Other individuals listed include Usman E. Balwa, Salim U. Balwa, Ishaq Y. Balwa, Mohammed Y. Balwa, Shabana S. Balwa, Wahida A. Balwa, Mohammed S. Balwa, Abdul Hafeez S. Balwa, and SB Fortune Realty Pvt. Ltd.
Regulation 31(4) of the SEBI Takeover Regulations requires promoters to disclose any encumbrances created on shares held by them in Valor Estate. The filing was submitted to both BSE and the National Stock Exchange.
Valor Estate trades on BSE and the National Stock Exchange under the ticker symbol DBREALTY. Valor Estate was formerly known as D B Realty Limited. Neelkamal Tower Construction LLP operates from its registered office in Mumbai Central.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.