Prozone Realty Ltd - 534675 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
Prozone Realty shareholders have approved the disinvestment of material subsidiaries and identified assets. The sale to Inorbit Malls is for up to Rs. 1,242.50 crore, aimed at monetizing operational mall assets and preserving future development potential.
Jun 02 2026 18:58:39
Prozone Realty Ltd - 534675 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Prozone Realty's shareholders have approved a special resolution for the disinvestment of material subsidiaries and assets. This strategic move involves the sale of stakes in Kruti, Alliance, and Empire for approximately ₹1,242.50 Crores to Inorbit Malls.
Jun 02 2026 18:55:28
Prozone Realty Ltd - 534675 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Prozone Realty shareholders approved a special resolution for disinvestment and hiving off of material subsidiaries. This allows the company to proceed with strategic restructuring of its asset base.
Jun 01 2026 19:38:14
Prozone Realty Ltd - 534675 - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Prozone Realty shareholders approved a special resolution for the disinvestment and hiving off of material and step-down subsidiaries. This includes Alliance, Empire, and Kruti, with an aggregate gross consideration of approximately ₹1,242.50 crores.
Jun 01 2026 19:34:52
Prozone Realty Ltd - 534675 - Board Meeting Outcome for PRL_Audited Financial Results For The Quarter And Year Ended 31.03.2026.
Prozone Realty reported strong FY26 cons. results with revenue up 11% to ₹212.40 cr and a net profit of ₹17.89 cr, reversing last year's loss. Auditors noted the MCA's rejection of the Deputy MD's re-appointment, with ₹6.82 cr in advances under review. The company also faces an ongoing aviation NOC challenge for a subsidiary's Nagpur project, though a recent High Court ruling was favorable.
May 29 2026 22:30:10
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