Under a scheme approved by the National Company Law Tribunal (NCLT) on June 12, 2025, Valor’s hospitality business was separated and transferred to Advent. As part of the demerger, shareholders of Valor received 1 fully paid-up equity share of Rs 10 each in Advent for every 10 equity shares of Rs 10 each held in Valor as of the record date, July 18, 2025. No cash consideration was involved.
Following completion of the process, BSE Limited approved the listing of 5.39 crore shares of Advent Hotels International Ltd (face value Rs 10 each), effective Thursday, November 13, 2025.
“Carved out of Valor Estate Ltd (formerly DB Realty Ltd), Advent Hotels International now operates independently with a focused strategy for developing, owning, and managing marquee hotel assets across India. The Company is governed by its own Board and Management team following the demerger,” Valor Estate said in a press release statement.
“The listing of Advent Hotels International reinforces our commitment to building an institutionally governed and capital-efficient hospitality platform. We are committed to building a lean, operationally excellent hotel platform that is maniacally focused on long-term shareholder value creation. Our goal is to deliver a mid-teens compounded ROE over the next decade or so, through careful acquisitions and disciplined capital allocation,” said Arshad Balwa, 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 the 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 under Rs 200 crore, is projected to surpass Rs 1,200 crore as these projects mature by FY32, reflecting the company’s robust growth and institutional approach,” it added.As of about 11 am, shares of the company were locked in a 5% upper circuit at Rs 324.45.
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