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The Company was incorporated in 2007, the co. is engaged primarily in the business of real estate construction, development and other related activities. Most of the projects are based in and around Mumbai and are under various stages of planning and construction.
Valor Estate's Nomination & Remuneration Committee has approved granting 1 Crore employee stock options at Rs. 90 each under their 2024 ESOP plan. These options will vest over four years, with 25% vesting annually. If fully exercised, this move could bring in Rs. 9 crore for the company, while also...
Valor Estate (DB Realty) has re-appointed Mr. Vinod K. Goenka as Executive Chairman cum Managing Director for a fresh three-year term, effective September 1, 2025. This key leadership move, pending shareholder approval, aims to ensure strategic continuity. Mr. Goenka, a promoter with over four decades of deep experience in construction...
Valor Estate Limited has completed the demerger of its hotel business, spinning it off into Advent Hotels International Limited (AHIL). Shareholders received 1 AHIL share for every 10 VEL shares held. This strategic move creates a dedicated hospitality entity. For tax considerations, investors should apportion their original Valor Estate share...
Valor Estate's Composite Scheme progresses: Advent Hotels International allotted equity shares worth 53.94 Cr to Valor Estate shareholders and 7.17 Cr worth of unlisted preference shares. Advent Hotels also cancelled its pre-scheme capital of 0.02 Cr. Additionally, Valor Estate's preference share capital was reduced by 10%, a 7.17 Cr value...
Advent Hotels International Limited, the Resulting Company from the composite scheme, announced a significant board reconstitution. Six new directors were appointed, including three Independent Directors: Mr. Ajoy Mehta (ex-IAS, urban development expert), Mr. Rajeev RA (ex-IAS, extensive experience in urban development and large infrastructure projects), and Ms. Maryam Khan. Additionally,...