Prozone Realty Limited — JV/Acquisition, 28-04-2026: Acquisition

Prozone Realty is acquiring a 17.507% stake in Gajaanan Property Developers Private Limited (GPDPL) for approximately Rs. 24 Crores. GPDPL is a real estate construction and development firm with a recent turnover of 2,32,19,23,909. This move aims to expand Prozone Realty's footprint in high-income-yielding assets and gradually increase its ownership in GPDPL to access and develop a high-potential land asset. This acquisition aligns with Prozone Realty's growth strategy in the real estate sector, promising future development opportunities and enhanced asset portfolio.