Prozone Realty Limited has informed the Exchange regarding 'PRL_Receipt of Disclosure under Regulation 29(1) of SEBI (SAST) Reg. 2011'.
PROZONER · price
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On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.5 pts more than its Realty peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Apax Trust, part of the promoter group of Prozone Realty Limited, has acquired 4,39,98,159 equity shares (28.83% of the company's share capital) on 27th June 2025. The acquisition was made up of 2,371 shares tendered by the public under the Open Offer and 4,39,95,788 shares acquired off-market from Nailsfield Limited pursuant to a Share Purchase Agreement dated 31st December 2024. Before this transaction, the promoter group's holding (via Mr. Nikhil Chaturvedi as PAC) was just 5,000 shares (0.00%). After the acquisition, their total holding stands at 4,40,03,159 shares (28.83%). The company's total equity share capital remains unchanged at 15,26,02,883 shares of Rs. 2 each.
This marks a significant change in the promoter group's stake in Prozone Realty, with Apax Trust now becoming a substantial shareholder. The acquisition from Nailsfield Limited signals a change in control dynamics, and shareholders should watch for further disclosures regarding the open offer process and any impact on company management or strategy.