Prozone Realty Limited — JV/Acquisition, 27-07-2026: Acquisition

Prozone Realty has approved acquiring a 17.51% equity stake in Downtown Retail Malls Private Limited, a real estate construction and development company. This strategic move will increase Prozone's total holding in Downtown Retail from 9.21% to 26.80%. Downtown Retail, a company focused on real estate, reported a net worth of Rs. 58.39 Crore for FY25. This acquisition, made via cash consideration, aligns with Prozone's objective of expanding its business and strengthening its footprint in the lucrative real estate sector.