PROZONERNSEProzone Realty LimitedLowNeutral
Announced Wed, 25 Mar · 20:11 IST

Prozone Realty Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

PROZONER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-8.5%1-day move
₹46.38
prior close
₹46.48
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-0.4-0.8-0.7-8.5-1.9-1.9+6.7+12.8+18.0+39.7+39.1+17.0-3.2
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AI summary

Prozone Realty Limited has issued a postal ballot notice dated 25 March 2026 seeking shareholder approval for the appointment of Mr. Farhat Jamal (DIN: 01875688) as an Independent Director of the company. The appointment is proposed for a term of 5 consecutive years, from 7 February 2026 to 6 February 2031, and will be passed as a Special Resolution. Mr. Jamal is a hospitality industry veteran with over three decades of experience, having worked with IHCL (Taj Hotels), Shangri-La, The Lalit Group, and the Hiranandani Group. He is not related to any promoter or director and holds no shares in the company. Voting is conducted entirely through remote e-voting via MUFG Intime, open from 9:00 AM on 26 March 2026 to 5:00 PM on 24 April 2026, with results to be announced by 28 April 2026.

Likely market impact

This is a routine governance action with no material financial impact. Shareholders should review the candidate's background and cast their vote during the e-voting window; the appointment will strengthen the board's hospitality and real estate expertise.