Valor Estate Limited (formerly DB Realty Limited) announced that the Scheme of Amalgamation between Sahyadri Agro and Dairy Private Limited (Transferor) and Horizontal Ventures Private Limited (Transferee) is now effective as of March 12, 2026. This follows the receipt and filing of the certified order from the Hon’ble National Company Law Tribunal, Mumbai. The appointed date for this amalgamation of the step-down subsidiary is set for April 1, 2025.
Confirmation of Amalgamation Effectiveness
Valor Estate Limited (formerly known as D B Realty Limited) has confirmed the effective date of the Scheme of Amalgamation concerning two key entities. The Scheme involves the amalgamation of Sahyadri Agro and Dairy Private Limited, designated as the “Transferor Company,” with Horizontal Ventures Private Limited, designated as the “Transferee Company.”
This procedural update follows the sanctioning order issued by the Hon’ble National Company Law Tribunal, Mumbai- Bench I, on January 29, 2026. The company reports that all necessary formalities, including the filing of the Certified Order with the Registrar of Companies via the MCA portal, were completed on March 12, 2026.
Key Dates Confirmed
As a direct result of the successful filing, the Scheme of Amalgamation is officially deemed effective starting today, March 12, 2026. Furthermore, all preceding conditions precedent required for the Scheme’s implementation now stand fulfilled.
It is noted that the effective date is distinct from the ‘Appointment date’ for the amalgamation of SADPL with HVPL, which is stipulated to be 01st April, 2025.
Regulatory Filings
This information is provided in continuation of the initial intimation made on January 30, 2026. The company requests that the exchanges take this update on record concerning Scrip Code 533160 (BSE) and Scrip Symbol DBREALTY (NSE).
Source: BSE