PROZONERNSEProzone Realty LimitedMediumNeutral
Announced Wed, 28 May · 17:48 IST

Prozone Realty Limited�has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prozone Realty Limited has submitted a compliance disclosure under SEBI's Takeover Regulations to the stock exchange. Regulation 31(4) requires any shareholder holding more than 25% of the company's shares to declare that they have not breached the creeping acquisition limits (i.e., they have not bought more than 5% of shares in a financial year without making an open offer). The filing is a routine, periodic compliance submission and does not detail any new transaction, stake change, or financial numbers.

Likely market impact

This is a standard regulatory compliance filing with no direct impact on share price or shareholder value. It simply confirms the company's substantial shareholders are staying within SEBI-prescribed acquisition limits.