The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 19, 2026 for Neelkamal Tower Construction LLP

NEELKAMAL TOWER CONSTRUCTION LLP LLPIN - AAA -2602 265-E, Bellasis Road, Opp. BEST Bus Depot, Mumbai Central (E), Mumbai - 400008 --------------------------------------------------------------------------------------------------------------------------------------------- Date: 19th August, 2026 The Manager, The Manager, Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Bandra Kurla Complex P J Towers, Dalal Street , Bandra (East), Mumbai - 400 001 Mumbai 400051 SCRIP CODE: 533160 SCRIP SYMBOL: DBREALTY SCRIP ID: DBREALTY SERIES: EQ Dear Sir/Madam, Sub : Disclosure under Regulation 31(2) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Please find enclosed the disclosure under Regulations 31(2) & (3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011, We have to intimate that 3,18,04,338 nos. of equity shares of Valor Estate Limited (formerly known as D B Realty Limited) (“the Company”), which were pledged in favour of Lender / IDBI Trusteeship Services Limited (acting as a Share Pledge Trustee on behalf of the Lender) in connection with facility sanctioned by HDFC Limited (now known as HDFC Bank Ltd.) to MIG (Bandra) Realtors & Builders Pvt. Ltd. (“Borrower”) (a wholly owned subsidiary of the Company) have been released as the said facility has been fully repaid by the Borrower. Kindly acknowledge the receipt of the same and take on records. Thanking You, Yours faithfully, For Neelkamal Tower Construction LLP (Promoter of Valor Estate Limited) Designated Partner CC to : Valor Estate Limited Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for release of encumbrance, in terms of Regulation 31(2) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company Valor Estate Limited (formerly known as D B Realty Limited) (“the Company”) Names of the stock exchanges where the shares of the target company are listed BSE Limited and National Stock Exchange of India Limited Date of reporting 19.08.2026 Name of the Promoter or PAC on whose shares encumbrance has been created/ invoked/ released Neelkamal Tower Construction LLP Details of the creation / invocation / release of encumbrance: Name of the Promoter (s) or Promoter holding in Promoter holding Details of events pertaining to encumbrance (3) Post event holding of PACs with him the target company (1) already encumbered encumbered shares (2) (creation [(2)+(3)] / release [(2)‐(3)] / invocation [(2)‐(3)]} No. of % of Number % of Type of Date of Type of Reasons for No. of % of Name of the entity Number % of total Shares total total event creation / encumbrance Encumbrance shares total in whose favor share share share (creation / invocation (pledge / lien/ share shares encumbered capital capital capital release / release of non disposal capital invocation) encumbrance undertaking/ others) Neelkamal Tower 66821391 12.32 61804338 11.39 Release 18.08.2026 Pledge Pledge over shares was 31804338 5.86 IDBI Trusteeship 30000000 5.53 Construction LLP created in favour of Services Limited IDBI Trusteeship (Share Pledge Services Limited, in Trustee) on behalf connection with facility of HDFC Limited sanctioned by HDFC (Lender) Limited (Lender) to wholly owned subsidiary company of the Company. The entire pledged shares have been released upon repayment of the financial facility in full by the Borrower Shabana Balwa 153090 0.03 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Mohammad Salim Balwa 105886 0.02 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Wahida Asif Balwa 68500 0.01 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Usman Balwa 74445 0.01 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Ishaq Balwa 74340 0.01 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Salim Balwa 74340 0.01 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Mohammed Yusuf Balwa 69840 0.01 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Abdul Hafeez Salim Balwa 7000 0.00 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ SB Fortune Realty Pvt Ltd 58750000 10.83 TOTAL 126198832 23.25 61804338 11.39 31804338 5.86 30000000 5.53 For Neelkamal Tower Construction LLP (Promoter of Valor Estate Limited) Designated Partner Place: Mumbai Date: 19.08.2026