Valor Estate’s subsidiary acquires 10.45% stake in Schreiber Dynamix through security enforcement – BusinessLine

Valor Estate’s subsidiary acquires 10.45% stake in Schreiber Dynamix through security enforcement – BusinessLine

 -296.59
 -98.25
 -94.00
 -20,328.00
 -107,971.00
 -296.59
 -98.25
 -98.25
 -94.00
 -94.00
 -20,328.00
Valor Estate Limited (formerly D B Realty Limited) announced today that its wholly owned subsidiary, DB View Infracon Private Limited, has acquired a 10.45 per cent equity stake in Schreiber Dynamix Dairies Private Limited. The acquisition occurred through the enforcement of security over pledged shares following a decree from the Mumbai High Court.
The shares of Valor Estate Limited (formerly D B Realty Limited) were trading at ₹121.79, up by ₹4.35 or 3.70 per cent on the NSE today at 3 pm.
The transaction, completed after market hours on March 17, 2025, resulted in the transfer of 1,42,36,822 equity shares to DB View. According to court valuations, the shares are valued at ₹120.03 per share, though no fresh monetary consideration was involved as the acquisition was part of a debt resolution process.
Valor Estate clarified that the acquisition is temporary and aligns with the company’s strategy to liquidate non-core assets and maximize stakeholder value. The company emphasized that this is not a related party transaction but rather a legally mandated debt settlement mechanism.
Schreiber Dynamix, incorporated in 1992, specializes in milk and dairy product production, processing, and distribution. The company has reported consistent revenue over recent years, with turnover figures of ₹2,165.39 crores in FY 2023-24, ₹2,282.60 crores in FY 2022-23, and ₹1,700.23 crores in FY 2021-22.
Published on March 18, 2025
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