Realty developer Valor Estate Limited (BSE:533160) is undertaking a realignment of its business portfolio by divesting non-core assets, hiving off its hospitality business, and improving capital allocation for high-priority projects including real estate. The planned divestment includes the sale of stake in dairy processing unit Schreiber Dynamix Dairies Limited, a joint venture between US-based Schreiber Foods and Dynamix Dairy, and a majority stake in Sahyadri Agro And Dairy Private Limited. The proceeds of this divestment, which is likely to be concluded this quarter itself and estimated to be around INR 2.60 billion, will be directed towards strengthening Valor Estate?s real estate development pipeline.
?The entire business realignment strategy is being implemented to focus on high-margin real estate ventures, asset optimization, and financial discipline. The divestment and demerger efforts align with the company?s broader objective of capital efficiency and long-term shareholder value creation,? said a company official.
