Filter announcements
Loading...
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 SPV, Blue Crest Properties, deposited a ₹57.90 Cr Performance Bank Guarantee and executed the Concession Agreement for the Goa International Convention Centre project. This development aims to create significant long-term value.
Valor Estate reported record financial year revenue of ₹1,593 Cr (+108% YoY) and slashed debt by ₹1,136 Cr, aiming for debt-free status next financial year. Key project monetizations and new rental income boosted performance. Hospitality demerger completed, Goa Convention Centre LoA received.
Valor Estate corrected an EGM notice typo. 6.45 Cr preference shares will convert into 0.32 Cr equity shares at Rs. 201.65 per share. This clarifies the precise number of new equity shares resulting from the conversion.
Valor Estate reported strong Q2/H1 FY26 results, driven by ₹897 Cr revenue recognition from the X BKC occupancy certificate. Strategic milestones include completing its hospitality demerger and securing major PAP approvals with TDRs, boosting future project pipeline. Debt reduction is ongoing.
Advent Hotels International, carved from Valor Estate, is listing on NSE/BSE. It targets 6x portfolio expansion to 3,100+ keys, projecting EBITDA growth from under ₹200 Cr to over ₹1,200 Cr by FY32. A 50:50 JV will develop a ₹4,500 Cr GDV project.