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D B Realty informs about outcome of board meeting

08 Mar 2024 Evaluate
D B Realty has informed that pursuant to the approval accorded by the board of directors of the Company (the Board), at its meeting held on Wednesday, January 17, 2024, and the shareholders of the Company, pursuant to the special resolution passed by way of postal ballot on Saturday, February 17, 2024, the Board of Directors (the Board) has, at its meeting held on Thursday, March 7, 2024 decided to undertake the Issue, in accordance with the SEBI ICDR Regulations and Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, as amended passed the following resolutions- Approving the Unaudited interim special purpose condensed consolidated financial statements as at and for nine months period ended December 31, 2023 along with the review report issued by N A Shah & Associates LLP, Chartered Accountants, Statutory Auditor of the Company, and a copy of the same is attached; Authorized the opening of the Issue on Thursday, March 7, 2024; Approved the floor price for the Issue, being ?270.87 per Equity Share (Floor Price), based on the pricing formula as prescribed under the SEBI ICDR Regulations; and Approved and adopted the preliminary placement document dated Thursday, March 7, 2024 together with the application form in connection with the Issue.

The above information is a part of company’s filings submitted to BSE.

Valor Estate Share Price

141.70 1.40 (1.00%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
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