BSEInsider Trading / SAST22h ago · 19 Aug 2026, 07:55 pm

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

Advent Hotels International Ltd · 544446

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Advent Hotels International Ltd, a BSE-listed company, has received a disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Neelkamal Tower Construction LLP, its promoter group, stating that the pledge over 31,80,433 equity shares of the company has been released.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment6/10

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Advent Hotels International Ltd - 544446 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

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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 - 400 051 SCRIP CODE: 544446 SCRIP SYMBOL: ADVENTHTL SERIES: EQ Dear Sir/Madam, Sub: Disclosure under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 – Release of encumbrance over equity shares of Advent Hotels International Limited We wish to inform you that 31,80,433 (Thirty One Lakh Eighty Thousand Four Hundred and Thirty Three) equity shares of Advent Hotels International Limited (formerly known as Shiva Realtors Suburban Private Limited) (“Company” / “Resulting Company”) held by us have been released from pledge. At the outset, we wish to inform that we held equity shares in Valor Estate Limited (formerly known as D B Realty Limited) (“Amalgamated Company” / “Demerged Company”), which shares were pledged in favour of IDBI Trusteeship Services Limited, acting as the Share Pledge Trustee on behalf of the lender, in connection with the facility sanctioned by HDFC Limited (“Lender/ HDFC Limited now merged with HDFC Bank Limited”) to MIG (Bandra) Realtors & Builders Private Limited (“Borrower”), a wholly owned subsidiary of the Demerged Company. Pursuant to the Composite Scheme of Amalgamation and Arrangement amongst Valor Estate Limited (Amalgamated Company / Demerged Company), Esteem Properties Private Limited (“Amalgamating Company”) and Advent Hotels International Limited (Resulting Company), and their respective shareholders and creditors (“Scheme”), as sanctioned by the Hon’ble National Company Law Tribunal, the shareholders of the Demerged Company were allotted equity shares of the Resulting Company in the prescribed share entitlement ratio. In terms of the Scheme, the pledge subsisting over the equity shares of the Demerged Company stood automatically extended to, and was correspondingly created over, the equity shares of the Resulting Company so allotted. The Borrower has since fully repaid the facility sanctioned by the Lender. Consequently, the pledge created over the aforesaid 31,80,433 equity shares of the Company has been released by the Share Pledge Trustee, and the said shares now stand free of encumbrance. Kindly take the same on record. Thanking You, Yours faithfully, For Neelkamal Tower Construction LLP (Promoter Group of Advent Hotels International Limited) Designated Partner CC to: Advent Hotels International 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(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company Advent Hotels International Limited (formerly known as Shiva Realtors Suburban Private 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/Promoter Promoter/Promoter Details of events pertaining to encumbrance (3) Post event holding of Promoter/Promoter Group Group holding in the Group holding encumbered shares (s) or PACs with him target company (1) already (creation [(2)+(3)] / encumbered (2) release [(2)-(3)] / invocation [(2)-(3)]} No. of % of Number % of Type of event Date of Type of Reasons for No. of % of Name of the Number % of Shares total total (creation / creation / encumbranc Encumbrance shares total entity in whose total share share release / invocation e (pledge / share favor shares share capital capital invocation) release of lien/ non capital encumbered capital encumbrance disposal undertaking / others) Neelkamal Tower 66,82,140 12.39 41,80,433 62.56 Release 18/08/2026 Pledge As details mentioned in 31,80,433 5.90 IDBI 10,00,000 1.85 Construction LLP covering letter Trusteeship Services Limited (Share Pledge Trustee) on behalf of HDFC Limited (Lender) Shabana Balwa 15,309 0.03 - - - - - - - - - - - Mohammad Salim Balwa 10,589 0.02 - - - - - - - - - - - Wahida Asif Balwa 6,850 0.01 - - - - - - - - - - - Usman Balwa 7,445 0.01 - - - - - - - - - - - Ishaq Balwa 7,434 0.01 - - - - - - - - - - - Salim Balwa 7,434 0.01 - - - - - - - - - - - Mohammed Yusuf Balwa 6,984 0.01 - - - - - - - - - - - Abdul Hafeez Salim Balwa 700 0.00 - - - - - - - - - - - SB Fortune Realty Pvt Ltd 58,75,000 10.89 - - - - - - - - - - - TOTAL 126,19,885 23.38 41,80,433 62.56 - - - - 31,80,433 5.90 10,00,000 1.85 For Neelkamal Tower Construction LLP (Promoter Group of Advent Hotels International Limited) Designated Partner Place: Mumbai Date: 19/08/2026