VALOR ESTATE LIMITED — Board/Management Information 2021

Jun 30, 2021

Date: 30th June, 2021

The General Manager,	The Vice-President,
Listing Department	Listing Department
BSE Limited	ofExchangeIndiaNationalStock
Phiroze Jeejeebhoy Towers,	Limited
Dalal Street,	"Exchange Plaza",
Mumbai 400 001	Bandra -Kurla Complex,
	Bandra (E),
	Mumbai -400 051
Scrip Code: 533160	Scrip Symbol : DBREAL TY
Fax No.: 022 -2272 3121/ 2039	Fax No.: 022 -26598237/38

Dear Sir/ Madam,

Sub: Intimation about resignation of Mr. Nasir Mahmud Rafigue (DIN: 01623598) as an Independent Director of the Company

With reference to intimation requirement under Regulation 30 (Schedule Ill, Part A) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you that Mr. Nasir Mahmud Rafique (DIN: 01623598) has resigned as an Independent Director of the Company with effect from closure/conclusion of this Board meeting (held today on 30th June, 2021) due to his health issues. The Board of Directors has accepted his resignation at its meeting held today i. e. 30th June, 2021.

Further, the Company has received confirmation from Mr. Rafique that there are no other material reasons for his resignation other than those which is provided in the resignation letter dated 22nd June, 2021.

Consequent upon resignation of Mr. Rafique as an Independent Director, he has also ceased to be Chairman of Stakeholders Relationship Committee and member of Audit Committee, Nomination & Remuneration Committee, CSR Committee and Finance and Investment Committee

In this regard, please find below details pursuant to the requirements of the SEBI Circular No. CIR/CFD/CMD/412015 dated September 9, 2015

Sr.No	Particulars	Details
1.	Reason for change viz. appointment, resignation,removal, death or otherwise	Resignation
2.	Date of appointment/cessation (as applicable) & term ofappointment.	30.06.2021(from theclosure/conclusion ofthe Board meetingheld on 30.06.2021)

Regd. Office : DB Central, Maulana Azad Road, Rangwala Compound, Jacob Circle, Mumbai- 400 011 Tel.: 91•22-230 95 Website: www.dbrealty.co.ln • Email : lnfoOdbg.co.ln CIN: L70200MH2007PLC166818

DB REALTY LIMITED

3.	Brief profile (in case of appointment)	Not Applicable
4.	Disclosure of relationships between directors (in case ofappointment of a director).	Not Applicable

The above is for your information and record.

Thanking You,

Yours faithfully,

Encl: Resignation Letter

D B REALTY LIMITED

NASIR MAHMUD RAFIQUE 5-A, Prabhu Park Society, Paldi, Ahmed a bad,-380007.

Date: 30.06.2021

To The Board of Directors DB REALTY LIMITED, DB Central, Maulana Azad Road, Rangwala Compound, Jacob Circle, Mumbai -400011

Dear Sirs/ Madam,

Sub: Resignation as an Independent Director of the Company

I wish to inform that due to my health issues, I hereby tender my resignation as an Independent Director from the Board of D B Realty Limited from the closure /conclusion of the Board meeting dated 301 hJune, 2021. Kindly accept my resignation.

I hereby confirm that there are no material reasons for resignation as an Independent Director other than as mentioned above.

Further, I take this opportunity to thank the Chairman, Managing Director(s) and the Board of Directors for their continued support and guidance during my tenure.

You are requested to kindly file the necessary forms with Registrar of Companies and other Statutory Authorities with regard to the above and send a copy of the same for my record.

Thanking you.

Yours faithfully

l ___ --:::::--~ - Nasir Mahmud Rafique

(DIN: 01623598)