Vinod K. Goenka Acquires Additional Equity Shares in Valor Estate Limited

Vinod K. Goenka, the promoter of Valor Estate Limited, has recently acquired an additional 100,000 equity shares through market purchase, increasing his stake from 0.4696% to 0.4881%. This transaction was disclosed under SEBI regulations, with the company's equity capital remaining at ₹539.20 crores. The promoter group collectively holds 23.56% of total shares, with the Goenka Family Trust being the largest stakeholder at 13.12%.

The acquisition has resulted in a marginal increase in Goenka's shareholding in the company. The following table summarizes the key transaction details:

| Parameter | Details | |--------------------------|----------------------------| | Shares Acquired | 100,000 | | Acquisition Mode | Market Purchase | | Transaction Date | December 18, 2025 | | Previous Holding | 2,532,108 shares (0.4696%) | | Current Holding | 2,632,108 shares (0.4881%) | | Percentage Increase | 0.0185% |

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with both BSE Limited and National Stock Exchange of India Limited on December 19, 2025.

Valor Estate Limited's equity share capital remained unchanged following this transaction. The company maintains a total equity share capital of ₹539.20 crores, with the diluted share capital also standing at the same amount. The acquisition represents a minor adjustment in the promoter's stake without affecting the overall capital structure.

The promoter group, including persons acting in concert, collectively holds a significant portion of the company's equity. As of December 18, 2025, the promoter group shareholding pattern shows:

| Stakeholder | Shares Held | Percentage (%) | |---------------------------|---------------|----------------| | Goenka Family Trust | 70,750,000 | 13.12 | | Sanjana Vinod Goenka | 22,382,108 | 4.15 | | Aseela Vinod Goenka | 16,104,769 | 2.99 | | Jayvardhan Vinod Goenka | 13,632,108 | 2.53 | | Other PAC Members | 2,960,693 | 0.55 | | Total Promoter Group | 127,029,678 | 23.56 |

The Goenka Family Trust, with trustees Mrs. Aseela Goenka, Ms. Sunita Goenka, and Mr. Alok Agarwal, remains the largest individual stakeholder within the promoter group.

The disclosure demonstrates compliance with SEBI's transparency requirements for substantial acquisitions. Notably, the filing indicates that 38,605,303 shares are pledged by the promoter group, though the economic interest and voting rights of these pledged shares lie with the pledge holders. This arrangement does not affect the current transaction or Goenka's direct shareholding increase.

The acquisition reflects continued promoter confidence in the company's prospects. The transaction was executed through open market operations, indicating standard market-based pricing. With the company listed on both BSE (scrip code: 533160) and NSE (symbol: DBREALTY), the shares maintain active trading status across major Indian exchanges.

Historical stock returns for Valor Estate Limited show mixed performance over different periods:

| Period | Return (%) | |-----------|------------| | 1 Day | +2.52 | | 5 Days | -0.90 | | 1 Month | -15.97 | | 6 Months | -35.59 | | 1 Year | -37.76 | | 5 Years | +854.92 |

Despite recent market fluctuations, the company's long-term growth potential remains strong, as evidenced by the significant 5-year return.