Prozone Realty Limited — Important, 15-04-2025: General Updates

Prozone Realty Limited has approved the acquisition of 100% shares of Probliss Realty Private Limited, acquiring 10,000 equity shares at a nominal value of Rs. 1 lakh. Probliss, incorporated in November 2022, operates in the construction and real estate sector with no current revenue. This strategic move positions Prozone to leverage Probliss for potential future projects and business opportunities. The acquisition is structured as a cash transaction and is expected to be completed within 10 days. This development offers Prozone a chance to enhance its portfolio and expand operational capabilities, contributing to a positive outlook for future growth.