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Prozone Realty Receives SEBI Approval for Open Offer by Apax Trust

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Prozone Realty Receives SEBI Approval for Open Offer by Apax Trust

Prozone Realty Ltd ( (IN:PROZONER) ) has issued an update.

Prozone Realty Limited announced that it has received a Final Observation Letter from the Securities and Exchange Board of India (SEBI) regarding an open offer by Apax Trust to acquire equity shares of the company. This development is a significant step in the acquisition process, potentially impacting Prozone Realty’s shareholder structure and market positioning.

More about Prozone Realty Ltd

Prozone Realty Limited, formerly known as Prozone Intu Properties Limited, operates in the real estate industry. The company is involved in the development of shopping malls, residential, and commercial properties, focusing on creating large-scale real estate projects across India.

YTD Price Performance: 0.33%

Average Trading Volume: 32,096

Current Market Cap: 5.07B INR

For detailed information about PROZONER stock, go to TipRanks’ Stock Analysis page.

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