Prozone Realty Limited submitted voting results and scrutinizer report for a postal ballot conducted to seek shareholder approval for disinvestment/sale of stake in material subsidiaries and hiving off of identified assets of selected subsidiaries.

The Board appointed Mr. Vaibhav Dandawate (ACS A51538: COP 27947), Partner of M/s. Makarand M. Joshi & Co., as Scrutinizer for conducting the postal ballot through e-voting process. The remote e-voting period commenced on Thursday, April 30, 2026, at 09:00 a.m. (IST) and ended on Friday, May 29, 2026, at 05:00 p.m. (IST).

Voting Results

  • Total shareholders on record date: 52,215
  • Total shares outstanding: 15,26,02,883
  • Total votes polled: 10,18,37,543 shares (66.7337% of total outstanding)
  • Votes in favor: 10,17,24,351 shares (99.8889% of votes polled)
  • Votes against: 1,13,192 shares (0.1111% of votes polled)

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Votes polled: 6,65,34,636 shares (81,40,117 shares outstanding)
  • Votes in favor: 6,65,34,636 shares (100%)
  • Votes against: 0 shares (0%)

Public Institutions:

  • Votes polled: 4,59,6070 shares (4,59,6070 shares outstanding)
  • Votes in favor: 4,59,6070 shares (100%)
  • Votes against: 0 shares (0%)

Public Non-Institutions:

  • Votes polled: 3,07,06,837 shares (6,62,70,224 shares outstanding)
  • Votes in favor: 3,05,93,645 shares (99.6314%)
  • Votes against: 1,13,192 shares (0.3686%)

The resolution was passed as a special resolution with requisite majority. The votes cast in favor by public shareholders exceeded votes cast against the resolution as required under Regulation 37A of SEBI (LODR) Regulations, 2015.

Additional Information

  • No invalid votes were cast on the resolution
  • No abstained votes were recorded
  • No voting rights of Foreign Portfolio Investors were restricted
  • The company published newspaper advertisements in "Financial Express" (English-all editions) and "Mumbai Lakshadweep" (Marathi edition) on April 30, 2026
  • MUFG Intime India Private Limited served as Registrar & Transfer Agent for the remote e-voting process

The voting results and scrutinizer report are available on the company's website (www.prozonerealty.com) and NSDL website (voting.nsdl.com).