Outcome of Board Meeting

DB REALTY THE NEXT LEVEL Date: 14™ August, 2026 The General Manager, The Vice-President, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Bandra — Kurla Complex, Mumbai 400 001 Bandra (E), Mumbai —400 051 Scrip Code : 533160 Scrip Symbol : DBREALTY Dear Sir/Madam, Sub: Outcome of the Board Meeting Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (“SEBI LODR Regulations”), we hereby inform you that the Board of Directors in its meeting held today i.e. Friday, 14" August, 2026, inter-alia, has considered and approved the following; 1. Unaudited Financial Results The Unaudited Standalone and Consolidated Financial Results of the Company for the first quarter and three months ended on 30" June, 2026 along with the Limited Review Report given by Statutory Auditors of the Company were considered and approved. In compliance with Regulation 33 of the SEBI LODR Regulations, the Unaudited Financial Results along with the Limited Review Report issued by the Statutory Auditors of the Company are enclosed herewith. 2. Appointment of Statutory Auditors Pursuant to recommendation of Audit Committee, the Board has considered and approved the appointment of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants (Firm Registration No. 106201W/W100598) as Statutory Auditors of the Company for a first term of 5 consecutive years, commencing from the conclusion of the 20" Annual General Meeting (“AGM”) (to be held in the year 2026) until the conclusion of 25" AGM (to be held in the year 2031), subject to the approval of the Shareholders at the ensuing 20" AGM of the Company. It is further informed that M/s. N. A. Shah Associates LLP, Chartered Accountants (Firm Registration No. 116560W/W100149), the existing Statutory Auditors of the Company, who were appointed for a first term of 5 consecutive years at the 15" AGM held on 30™ September, 2021, shall complete their term at the conclusion of 26" AGM of the Company to be held in year 2026. The relevant details as prescribed under Regulation 30 read with Para A of Schedule 11l of the SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30" January, 2026, are enclosed as Annexure . VALOR ESTATE LIMITED (Formerly known as D B Realty Limited) Regd. Office: 7" Floor, Resham Bhavan, Veer Nariman Road, Churchgate, Mumbai-400 020 Tel: 91-22-47478686 Website: www.dbrealty.co.in Email: info @dbg.co.in CIN: L70200MH2007PLC166818 DB REALTY THE NEXT LEVEL The Board Meeting commenced at 3.15 p.m. and concluded at 5.20 p.m. We request you to take the same on record. Thanking You, Yours faithfully, For Valor Estate Limited (Formerly known as D B Realty Limited) JIGNESH oy sonedy HASMeUs Ke Hsuas Dite:20260814 LALSHAH 1as-0s30 Jignesh Shah Company Secretary Encl: As above VALOR ESTATE LIMITED (Formerly known as D B Realty Limited) Regd. Office: 7" Floor, Resham Bhavan, Veer Nariman Road, Churchgate, Mumbai-400 020 Tel: 91-22-47478686 Website: www.dbrealty.co.in Email: info @dbg.co.in CIN: L70200MH2007PLC166818 DB REALTY THE NEXT LEVEL Annexure | Sr. Particulars Information / Details 1 reason for change viz. appointment, re- | Appointment: intment i | —death PP 7 g g M/s. N. A. Shah Associates LLP, Chartered Accountants (Firm Registration No. 116560W/W100149), Current Statutory Auditor of the Company, shall complete their first term of five consecutive years at the conclusion of 20" AGM of the Company to be held in year 2026. Appointment of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants (Firm Registration No. 106201W/W100598) as Statutory Auditors of the Company, subject to approval of the Members of the Company at the ensuing 20" AGM of the Company. date of appointment/re- Pursuant to recommendation of Audit Committee, ) tion—L licable) & ppeint £ i } the Board has considered and approved the term of appointment/re-appointment; appointment of M/s. Mehta Chokshi & Shah LLP, Chartered Accountants (Firm Registration No. 106201W/W100598) as Statutory Auditors of the Company for a first term of 5 consecutive years, commencing from the conclusion of the 20" AGM (to be held in the year 2026) until the conclusion of 25" AGM (to be held in the year 2031), subject to the approval of the Shareholders at the ensuing 20" AGM of the Company. brief profile (in case of appointment); M/s Mehta Chokshi & Shah LLP having a Firm Registration No. 106201W/W100598 is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India. It is a multifunctional professional service firm rendering range of value-added services since 1963. The firm takes pride in its ability to consistently deliver solutions that are technically sound, innovative and utilitarian for its clients. The strongest testament to the firm’s reputation and services are its highly satisfied client base in various fields with relationship extending over six decades. The firm is operating from 4 locations presently, 3 in Mumbai— 2 in suburbs & 1 in south Mumbai and a branch at Ahmedabad. VALOR ESTATE LIMITED (Formerly known as D B Realty Limited) Regd. Office: 7" Floor, Resham Bhavan, Veer Nariman Road, Churchgate, Mumbai-400 020 Tel: 91-22-47478686 Website: www.dbrealty.co.in Email: info @dbg.co.in CIN: L70200MH2007PLC166818 DB REALTY THE NEXT LEVEL The firm holds a valid Peer Review Certificate issued by the Peer Review Board of ICAI. disclosure of relationships between Not Applicable directors (in case of appointment of a director). VALOR ESTATE LIMITED (Formerly known as D B Realty Limited) Regd. Office: 7" Floor, Resham Bhavan, Veer Nariman Road, Churchgate, Mumbai-400 020 Tel: 91-22-47478686 Website: www.dbrealty.co.in Email: info @dbg.co.in CIN: L70200MH2007PLC166818 Limited Review Report on the quarterly Unaudited Standalone Financial Results of Valor Estate Limited (formerly known as D B Realty Limited) pursuant to the Regulation 33 of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015 (as amended) The Board of Directors of Valor Estate Limited (formerly known as D B Realty Limited) 1. Valor Estate Limited quarter ended June 30, 2026, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, The statement includes the results for the quarter ended March 31, 2026, being the derived figures between the audited figures in respect of the full financial year ended March 31, 2026, and the unaudited published year-to-date figures up to December 31, 2025, which were subjected to limited review. Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Finan under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstatement. A review is limited primarily to inquiries of the Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Conclusion Based on our review as stated in the paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard section [Showing first 8,000 characters — download PDF for full document]