Prozone Realty promoter confirms no encumbrance on shares in FY26

1 min read     Updated on 30 Jun 2026, 01:31 AM
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Jubin VScanX News Team
AI Summary

Rakesh Kumar Rawat declared that the Rakesh Rawat Family Trust, part of the promoter group of Prozone Realty Limited, holds 35,85,796 shares with no encumbrance as of March 31, 2026. The disclosure was made to the NSE and BSE under Regulation 31(4) of the SEBI (SAST) Regulations, 2011, confirming that no shares were pledged during the financial year.

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Rakesh Kumar Rawat, representing the promoter group of prozone realty , has confirmed that no encumbrance was created on the shareholding of the Rakesh Rawat Family Trust during the financial year ended March 31, 2026. This declaration provides transparency regarding the status of promoter holdings, which is vital for assessing the financial health and governance of the company. The trust holds 35,85,796 shares, and the confirmation assures stakeholders that these shares remain unpledged.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates that promoters disclose any encumbrance on their holdings to the exchanges. The filing confirms that the Rakesh Rawat Family Trust has not pledged or otherwise encumbered its shares directly or indirectly throughout FY26.

Shareholding Status

The following table details the shareholding and encumbrance status of the promoter group members as declared:

Name Category Shareholding Encumbrance
Mr. Rakesh Rawat Promoter 0 N.A.
Rakesh Rawat Family Trust Promoter Group 35,85,796 NIL
Mr. Ghanshyam Rawat Promoter Group - PAC 0 N.A.
Mrs. Pushplata Rawat Promoter Group - PAC 0 N.A.

Prozone Realty Limited was formerly known as Prozone Intu Properties Limited. The company is listed on both the NSE and BSE under the scrip codes PROZONER and 534675, respectively. The disclosure was addressed to the Listing Departments of both exchanges and copied to the Audit Committee and Compliance Officer of Prozone Realty Limited.

Historical Stock Returns for Prozone Realty

1 Day5 Days1 Month6 Months1 Year5 Years
-2.86%-7.49%-12.52%-13.13%+26.72%+38.67%

How might this unpledged status influence investor confidence and the stock's liquidity in the upcoming quarters?

What are the company's strategic plans for utilizing its unencumbered promoter holdings to support future growth?

Could this transparency set a precedent for enhanced governance practices within the real estate sector?

Prozone Realty application for promoter reclassification closed

1 min read     Updated on 24 Jun 2026, 04:29 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Prozone Realty Limited received an intimation from BSE Limited on June 23, 2026, regarding the closure of its application to reclassify specific promoter group members to the public category. The application, filed under Regulation 31A of the SEBI (LODR) Regulations, 2015, concerned Rakesh Rawat Family Trust, Mr. Ghanshyam Rawat, Ms. Vandana Vaidh, and Mrs. Pushpalata Rawat. The Rakesh Rawat Family Trust holds 35,85,796 shares, representing a 2.35% stake, while the other applicants hold negligible or zero shares.

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Prozone Realty Limited has received an intimation from BSE Limited regarding the closure of its application to reclassify specific members of its promoter group to the public category. The exchange communicated that the request filed under Regulation 31A of the SEBI (LODR) Regulations, 2015, has been closed. The application had sought to change the status of Rakesh Rawat Family Trust, Mr. Ghanshyam Rawat, Ms. Vandana Vaidh, and Mrs. Pushpalata Rawat from the 'Promoter Group' to the 'Public' category.

The reclassification process is significant as it alters the shareholding structure of the company, potentially affecting the free float of the stock. The Rakesh Rawat Family Trust is the primary entity among the applicants, holding a substantial portion of shares. The other individuals listed in the application held negligible or zero shares.

Details of Applicants

The following table outlines the shareholding details of the members who sought reclassification:

Sr No Name of persons and entity No. of shares held % of holding
01. Rakesh Rawat Family Trust 35,85,796 2.35
02. Ghanshyam Rawat 0 0.00
03. Vandana Vaidh 1,620 0.00
04. Pushpalata Rawat 0 0.00

The intimation regarding the closure of the application was received on June 23, 2026. The company had previously submitted the request to the stock exchanges to facilitate the change in status for these shareholders.

Historical Stock Returns for Prozone Realty

1 Day5 Days1 Month6 Months1 Year5 Years
-2.86%-7.49%-12.52%-13.13%+26.72%+38.67%

Will Prozone Realty challenge the BSE's decision to close the reclassification application or file a fresh request?

How will the inability to increase free float through this reclassification impact the stock's liquidity and index eligibility?

What alternative strategies might the company consider to meet minimum public shareholding requirements?

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