Valor Estate Limited, formerly known as D B Realty Limited, has announced the acquisition of a 10.45% equity stake in Schreiber Dynamix Dairies Private Limited by its subsidiary, DB View Infracon Private Limited. This acquisition was made through the enforcement of security over pledged shares as per a decree from the Mumbai High Court.
The shares of Valor Estate Limited were trading at ₹121.79, showing an increase of ₹4.35 or 3.70% on the NSE at 3 pm today.
The transaction, finalized after market hours on March 17, 2025, entailed the transfer of 1,42,36,822 equity shares to DB View. The court valuation of the shares was ₹120.03 per share, with no additional monetary consideration involved as it was part of a debt resolution process.
Valor Estate clarified that this acquisition is temporary and part of their strategy to liquidate non-core assets to enhance stakeholder value. It was emphasized that this transaction is not related to any party but is a legally mandated debt settlement mechanism.
Schreiber Dynamix, established in 1992, specializes in the production, processing, and distribution of milk and dairy products. The company has shown consistent revenue growth in 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.
