Effective date of Scheme of Amalgamation
DBREALTY · price
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Valor Estate Limited (formerly D B Realty Limited) has announced that the Scheme of Amalgamation between its step-down subsidiary Sahyadri Agro and Dairy Private Limited (SADPL, the Transferor Company) and Horizontal Ventures Private Limited (HVPL, the Transferee Company) has become effective from 12th March 2026. The NCLT Mumbai Bench-I sanctioned the scheme via a certified order dated 29th January 2026. The company has filed the certified order with the Registrar of Companies through the MCA portal, and all conditions precedent to the scheme have been fulfilled. Both SADPL and HVPL are step-down subsidiaries of Valor Estate, making this an internal group restructuring.
This is an internal amalgamation between two step-down subsidiaries and does not involve any change in the shareholding pattern of Valor Estate or any consideration to its shareholders. The restructuring is aimed at simplifying the group's corporate structure with no direct material impact on the listed entity's financials or stock price.