Shravan Kumar Bali, part of the Promoter Group of Valor Estate Limited, has transferred 10,01,209 equity shares to his immediate relative, Ms. Shruti Ahuja, also a member of the Promoter Group. This inter-se transfer was executed as a gift through an off-market transaction on September 8, 2026. This event signifies a shift in direct shareholding within the promoter family while maintaining the overall promoter group’s control.
Valor Estate Limited: Promoter Group Share Transaction
Valor Estate Limited has disclosed a significant inter-se transfer of shares within its Promoter Group. Mr. Shravan Kumar Bali, acting as the transferor, has gifted 10,01,209 equity shares of the company to his immediate relative, Ms. Shruti Ahuja. Both individuals are classified under the ‘Promoter Group’ of Valor Estate Limited.
Transaction Details
The transfer was conducted as a gift, through an off-market transaction, on September 8, 2026. This transaction represents 0.18% of the total share capital of Valor Estate Limited. Prior to this transfer, Shravan Bali held 25,48,59,409 shares, representing 46.99% of the company’s voting rights. Following the transaction, Shravan Bali’s direct holding has reduced to 0, while Ms. Shruti Ahuja’s holding has increased by the gifted shares, though her exact post-transaction shareholding is detailed in Annexure A.
Context of the Transfer
The disclosure is made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital of Valor Estate Limited before and after the sale remained constant at Rs. 542,40,67,610/-. This transaction does not alter the overall shareholding of the Promoter and Promoter Group combined, which collectively held 47.17% of the company’s total voting capital as of September 7, 2026.
Source: BSE
