Prime Urban Development India Ltd — Important, 05-11-2025: Company Update

Prime Urban Development India Limited, a 50% partner in Prime Mall Developers, has announced a significant update regarding a dispute among Prime Mall Developers' partners. Following the company's application, the Madras High Court has appointed Justice R. Subramanian, a former High Court judge, as the arbitrator in the matter. This development represents a crucial step towards resolving the ongoing dispute, which directly impacts the company's substantial partnership in Prime Mall Developers. The appointment aims to facilitate a resolution for stakeholders.