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The Company was incorporated in 2007, the co. is engaged primarily in the business of real estate construction, development and other related activities. Most of the projects are based in and around Mumbai and are under various stages of planning and construction.
Valor Estate's promoter, Neelkamal Tower Construction LLP, has unpledged 3.18 crore shares (5.86% of total equity). These shares were originally pledged against a loan facility sanctioned by HDFC Limited (now HDFC Bank Ltd.) to MIG (Bandra) Realtors & Builders Pvt. Ltd., a wholly-owned subsidiary. The subsidiary has fully repaid the...