Valor Estate Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2025 ,inter alia, to consider and approve The Audited Financial Results ....
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Valor Estate Ltd (formerly D B Realty Limited) has informed BSE that its Board of Directors will meet on Friday, 30th May 2025. The main agenda is to consider and approve the audited standalone and consolidated financial results for the fourth quarter and full year ended 31st March 2025. Additionally, the Board will discuss altering the terms of the company's existing Redeemable Preference Shares (Non-Cumulative) to convert them into Compulsorily Convertible Preference Shares. This change would also lead to corresponding adjustments in the authorised share capital, subject to approval from shareholders. The intimation has been filed under Regulation 29 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Investors should watch 30th May 2025 closely as the audited FY25 results will reveal the company's full-year performance. The proposed conversion of redeemable preference shares into convertible ones is a capital structure change that will require shareholder approval and could dilute equity if/when shareholders convert.