Section A – KMP Resignation Details

Name of Resigning KMP: Mr. Rajeev RA

Designation: Non-Executive Independent Director

Reason for Resignation: As per Paragraph 2(c) of RBI Circular No. RBI/2022-23/29, DOR.CRE.REC.No.25/03.10.001/2022-23 dated April 19, 2022, an NBFC is restricted from granting a financial facility to a Company having a common Director. Since Valor Estate Limited has financial relations with an NBFC and Mr. Rajeev RA is a common Independent Director on the Board of both the Company and Authum Investment and Infrastructure Limited (the NBFC), his continuance was not consistent with regulatory requirements.

Effective Date of Resignation: With effect from the closing of business hours on 25th September, 2026

Date of Resignation Letter: 25th September, 2026

Duration in Role: Not Specified

Board's Acknowledgment / Statement: Not Specified

Replacement Appointed: Not Specified

Regulatory Compliance Statement: Disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided requisite details as required pursuant to Regulation 30 read with Schedule III - Para A(7B) of Part A of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.

Delay in Disclosure: Disclosure letter dated 26th September, 2026, one day after resignation effective date. No delay mentioned.

Section B – Additional Observations or Disclosures

Transition & Internal Role Reallocations: Mr. Rajeev RA will cease to be a member of various statutory Committees of the Company effective from his resignation date.

Successor Appointments: Not Specified

Section C – Financial & Governance Disclosures

Audited Financial Results: Not Specified

Auditor's Report Summary: Not Specified

Dividends / Capital Changes / Buybacks: Not Specified

Board / Committee Updates or Key Appointments: Not Specified

Additional Director Information

Director Identification Number (DIN): 03125952

Address: B-401, EVOQ, Lodha New Cuffe Parade, Wadala (East), Mumbai - 400037

Other Directorships: Independent Director - Authum Investment & Infrastructure Limited (listed entity)

Committee Memberships: None in listed entities

Company Confirmation: The Company has received confirmation from Mr. Rajeev RA that there are no other material reasons for his resignation other than those provided in the resignation letter.