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Valor Estate’s arm acquires additional 30% equity shares in HVPL

01 Apr 2024 Evaluate

Valor Estate’s wholly owned subsidiary -- Nine Paradise Erectors (NPEPL) has acquired additional 30% equity shares in Horizontal Ventures (HVPL) held by BD and P Hotels (India), another subsidiary of the Company. Thus, post-acquisition of shares by NPEPL, the total equity shareholding of NPEPL in HVPL has increased to 92.85%. 

Valor Estate (formerly known as D B Realty) is primarily in the business of real estate construction, development and other related activities. The company is focused on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment.

Peers
Company Name CMP
Lodha Developers 1005.00
Prestige EstatesProj 1433.00
Dilip Buildcon 390.30
DLF 670.00
Oberoi Realty 1614.65
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