The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Valerian Real Estate Pvt Ltd
Awaiting price reaction for this filing.
Valerian Real Estate Pvt Ltd, part of the Indiabulls Enterprises promoter group, disclosed an off-market inter-se transfer of 4,17,25,150 shares (21.04%) carried out on May 22, 2025 to restructure promoter shareholding. As part of this, Valerian Real Estate acquired 2,08,62,575 shares, raising its stake from 5.44% to 15.96%. Within the same promoter group, Zwina Infrastructure sold 4,17,25,150 shares (21.04%), and Inuus Developers acquired 2,08,62,575 shares (10.52%), leading to a net PAC holding decline of 10.52% (from 30.88% to 20.36%). The aggregate promoter group holding remains unchanged at 36.32% before and after the transaction, meaning it is purely an internal reshuffle among promoter entities with no change in overall promoter control.
No material impact on shareholders — this is an internal rearrangement of shares among promoter-group companies, so total promoter ownership and voting control stay the same. The stock price is unlikely to react meaningfully since no change in effective promoter stake or company fundamentals occurred.