Acquisitions3 Jul 2026, 07:30 pm
Prozone Realty Completes 17.507% Stake Acquisition in Mjs Gajaanan Property
AI Summary
Prozone Realty Ltd has announced the successful completion of its acquisition of a 17.507% stake in Mjs Gajaanan Property Developers Private Limited. The stake was acquired from Festival Valley Developers Private Limited. This transaction follows an earlier intimation made on April 28, 2026, under Regulation 30 of the Listing Regulations. The company has stated that the required disclosure under Regulation 30 read with Schedule III and SEBI master circular no. HOj 49j14j14(7)2025-CFD-POD2j1j3762j2026 dated January 30, 2026, was already made in the previous intimation.
Key Highlights
- Acquisition of 17.507% stake in Mjs Gajaanan Property Developers Private Limited completed.
- The transaction was made from Festival Valley Developers Private Limited.
- This is a follow-up to an earlier intimation dated April 28, 2026.
- Disclosure requirements under Listing Regulations have been met.
Price Impact
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