Prozone Realty (PROZONER) — Board Meeting

📢 Key Event
Board approved unaudited Q3 FY2026 financials and divested subsidiary stakes via postal ballot.

🔮 What's Next
Shareholder approval required for divestments; pending legal matters remain unresolved.

💡 Investor Takeaway
The company is exiting non-core real estate holdings while navigating leadership and regulatory challenges that could impact future growth.

Prozone Realty Limited announced the outcome of its August 14, 2026 board meeting, approving unaudited standalone net profit of ₹158.47 lakhs and consolidated net profit of ₹719.18 lakhs for Q3 FY2026, alongside a rejected re-appointment of its former Deputy Managing Director and a proposed remuneration recovery waiver of ₹512.37 lakhs. The company also passed a special resolution via postal ballot to divest stakes in key subsidiaries including Alliance Mall and Empire Mall, while the statutory auditor issued an unmodified conclusion on the limited-review financials after confirming compliance with SEBI LODR regulations.

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About Prozone Realty Limited (PROZONER)

Services · Miscellaneous · Listed on NSE

Market Cap: ₹685.8 Cr P/E: 59.9 ROE: 3.3% ROCE: 3.0%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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