Sunrise Industrial Traders Ltd — Updates, 05-05-2025: Company Update

Prozone Realty Limited has announced a board meeting to discuss an open offer made by Apax Trust for acquiring 3.97 crore equity shares at Rs. 25 per share, aggregating to Rs. 99.19 Cr, representing 26% of the company’s equity capital. The Independent Directors Committee reviewed relevant documents, valuations, and net worth certificates and concluded that the offer appears fair and reasonable for public shareholders. They advised shareholders to assess the offer and market conditions before making investment decisions. The offer price matches the price paid in the definitive share purchase agreement by the acquirer.