Please find our intimation on the captioned subject.
VALIANTORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Valiant Organics has issued a corrigendum correcting its earlier disclosure from May 19, 2026 regarding a material related party transaction. The company is exiting its partnership in Dhanvallabh Ventures LLP (DVLLP). As settlement, DVLLP will transfer 1,86,07,531 equity shares of Valiant Laboratories Limited to Valiant Organics. Additionally, Valiant Organics will pay Rs. 6,34,34,544 (inclusive of taxes) to DVLLP as adjustment for its proportionate capital contribution. The transaction requires shareholder approval and is expected to complete within 60 days of receiving such approval. This is a clarification of the settlement terms and mechanism for the LLP exit.
Minor positive for Valiant Organics as it receives a significant number of shares in Valiant Laboratories Limited (18.6 million shares) as part of exiting the partnership, though the company must pay Rs. 6.34 crore in cash adjustment.