Valor Estate Limited has informed the Exchange about Scheme of Arrangement regarding hearing held before Hon ble National Company Law Tribunal ( NCLT ), Mumbai today
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Awaiting price reaction for this filing.
Valor Estate Limited updated the stock exchange about the final hearing of its Composite Scheme of Amalgamation and Arrangement held at the NCLT Mumbai Bench on 6th June 2025. The scheme involves the merger of Esteem Properties Private Limited into Valor Estate Limited and the demerger of certain business into Advent Hotels International Private Limited. The Joint Company Scheme Petition was filed on 3rd April 2025 and admitted on 11th April 2025. The NCLT has heard the matter and reserved its order, which is expected in due course.
This is a procedural update — no order has been passed yet. Shareholders should await the NCLT's final approval order, which would be a significant positive trigger if granted, enabling the restructuring to move forward. Until the order is pronounced, there is no immediate material impact on the stock.