Valor Estate (formerly DB Realty) has received approval from the National Company Law Tribunal (NCLT) for the merger/amalgamation of Sahyadri Agro and Dairy Private Limited with Horizontal Ventures Private Limited. The NCLT order, dated January 29, 2026, sanctions the scheme under Sections 230 to 232 of the Companies Act, 2013. The merger aims to streamline operations and unlock synergies within the group.
NCLT Sanctions Amalgamation
Valor Estate Limited (formerly known as DB Realty Limited) announced that the Hon’ble National Company Law Tribunal (“NCLT”), Mumbai Bench-I has approved the merger/amalgamation of Sahyadri Agro and Dairy Private Limited (the “Transferor Company”) with Horizontal Ventures Private Limited (the “Transferee Company”). The approval was granted via an order dated January 29th, 2026.
Details of the Approved Scheme
The NCLT order sanctions the scheme under Sections 230 to 232 of the Companies Act, 2013. Sahyadri Agro, the transferor company, is a wholly-owned subsidiary of Horizontal Ventures. This merger aims to achieve simplification and rationalization of the corporate structure.
Expected Benefits of the Merger
The company anticipates the following benefits from this merger:
- Synergies arising out of consolidation of resources.
- Efficiency in operations and functions.
- Business and administrative synergies.
- Avoidance of duplication of efforts.
- Reduction in legal and regulatory compliances.
- Reduction in overheads.
Effective Date
The Scheme will be effective after the certified copy of Hon’ble NCLT Order is filed with the Registrar of Companies, Mumbai.
Source: BSE
