Under a scheme approved by the National Company Law Tribunal (NCLT) on June 12, 2025, Bahaduri’s hospitality business was demerged and transferred to Advent. As part of the demerger, shareholders of Valor received 1 fully paid-up equity share of Rs 10 in Advent for every 10 equity shares of Rs 10 held in Velor as on the record date of July 18, 2025. There was no cash consideration involved.
After completion of the process, BSE Ltd has approved the listing of 5.39 crore shares of Advent Hotels International Ltd (face value Rs. 10 each), with effect from Thursday, November 13, 2025.
“Carried out of Valor Estates Limited (formerly DB Realty Limited), Advent Hotels International now operates independently with a focused strategy to develop, own and manage marquee hotel assets across India. Following the demerger, the company is governed by its own board and management team,” Valor Estates said in a press statement.
“The listing of Advent Hotels International reinforces our commitment to building an institutionally managed and capital-efficient hospitality platform. We are committed to building a lean, operationally sound hotel platform focused on long-term shareholder value creation. Our goal is to deliver mid-teens compounded ROE over the next decade or so,” and all through prudent capital, Balsipwa said. Promoter Director, Advent Hotels International.
The company is expanding its portfolio through strategic partnerships and joint ventures, including two upcoming hotels in Aerocity, Delhi – St. Regis and Marriott Marquis – being developed in partnership with Prestige Group and expected to open in FY27.
“With five projects under development, the company is on track to expand to 3,100 keys. EBITDA, currently below Rs 200 crore, is projected to cross Rs 1,200 crore as these projects mature by FY32, reflecting the company’s strong growth and organizational orientation,” he added.
By around 11 pm, the company’s shares were trading at Rs. It closed in the 5% upper circuit at 324.45.
(disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. (These do not represent the views of The Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
