Acquisitions30 Jun 2026, 08:00 pm
Prozone Realty Increases Stake in Hagwood Commercial to 100%
AI Summary
Prozone Realty Ltd has announced a further purchase of 2.59% equity capital in Hagwood Commercial Developers Private Limited. This acquisition makes Hagwood a direct wholly-owned subsidiary of Prozone Realty. The company has requested that this development be taken on record. This move signifies an increased control and integration of Hagwood within Prozone Realty's operations.
Key Highlights
- Prozone Realty acquired an additional 2.59% equity in Hagwood Commercial.
- Hagwood Commercial is now a wholly-owned subsidiary of Prozone Realty.
- This transaction enhances Prozone Realty's control over Hagwood.
- The company has formally notified the stock exchange of this development.
Price Impact
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