Prozone Realty Limited has informed the Exchange about General Updates
PROZONER · price
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Prozone Realty Limited held its 18th Annual General Meeting on 26th September 2025 via video conferencing, where shareholders approved all four resolutions with overwhelming support. Resolution 1 (adoption of audited financial statements for FY ending 31st March 2025) passed with 99.9969% votes in favour. Resolution 2 (re-appointment of Mr. Bipin Gurnani as Director, retiring by rotation) also passed with 99.9969% support. Resolution 3 approved the appointment of M/s HSPN & Associates as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30 with 99.9969% approval. Resolution 4, a special resolution for re-appointing Mr. Nikhil Chaturvedi as Managing Director for a further three-year term effective 27th February 2026, passed with 99.9963% support. The promoter group, holding 80,162,133 shares (approximately 52.5% of outstanding shares), voted unanimously in favour of all resolutions. Total votes polled represented about 42.88% of outstanding shares.
This is a routine regulatory disclosure with no material negative signal — all AGM resolutions passed with near-unanimous shareholder support, indicating strong alignment between promoters and public shareholders. The re-appointment of the Managing Director and long-term Secretarial Auditor provide leadership continuity, and the high approval percentages suggest no governance concerns from minority shareholders.