Prozone Realty Limited has successfully concluded its postal ballot process, with shareholders demonstrating strong support for all three proposed resolutions. The company announced the voting results on February 12, 2026, following a comprehensive remote e-voting process that commenced on January 14, 2026.

Regulatory Disclosure and Compliance

The company has formally disclosed the postal ballot results to both NSE and BSE pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Ajayendra Pratap Jain, CS & Chief Compliance Officer, confirming regulatory compliance with all applicable requirements.

Voting Process Overview

The postal ballot was conducted in accordance with Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Vaibhav Dandawate (ACS A51538: COP 27947), Partner of M/s. Makarand M. Joshi & Co., served as the scrutinizer to ensure a fair and transparent voting process.

Resolution Results

All three resolutions received overwhelming shareholder approval, demonstrating strong confidence in the company's strategic decisions. The resolutions covered critical aspects of related party transactions and investment limit enhancements.

Resolution 1: Related Party Loan Transactions

The first ordinary resolution to approve giving and/or availing of loans between related parties achieved 99.9964% approval.

Resolution 2: Corporate Guarantee Transactions

The second ordinary resolution for corporate guarantee transactions between related parties also secured 99.9964% approval from voting shareholders.

Resolution 3: Increased Investment Limits

The special resolution to increase limits for extending loans, making investments, and providing guarantees under Section 186 of the Companies Act, 2013, received the highest approval rate of 99.9988%.

Corporate Governance and Transparency

The company ensured full compliance with regulatory requirements throughout the postal ballot process. Electronic copies of the notice and explanatory statements were sent to members on January 13, 2026, whose email addresses were registered with the company or depositories. Newspaper advertisements were published in "Financial Express" (English) and "Mumbai Lakshadweep" (Marathi) on January 14, 2026.

For the first two resolutions involving related party transactions, promoter and promoter group votes were excluded as per Regulation 23(4) of the Listing Regulations, which prohibits related parties from voting on such matters. The voting results and scrutinizer's report are available on the company's website at www.prozonerealty.com and NSDL's e-voting portal at www.evoting.nsdl.com .

Prozone Realty Limited has announced its Q3 FY26 financial results, demonstrating strong performance across its diversified real estate portfolio. The company's operations income reached Rs 582.3 mn for the quarter, marking a significant 30% increase compared to the same period last year.

Financial Performance Highlights

The company's financial metrics showed robust growth across key parameters during Q3 FY26:

The company's EBITDA for Q3 FY26 stood at Rs 254.8 mn, reflecting a 28% increase from Rs 198.7 mn recorded in Q3 FY25. The profit before tax (PBT) showed exceptional growth, rising 152% to Rs 108.4 mn from Rs 43.1 mn in the previous year.

Revenue Stream Performance

Prozone Realty's diversified business model continued to deliver strong results across both segments. Real estate projects generated Rs 238.9 mn in revenue for Q3 FY26, representing a substantial 66% year-on-year growth. This revenue stream includes contributions from Coimbatore Residential, Nagpur Residential, and Indore plotted development projects.

Lease rental income, primarily from Ch Sambhaji Nagar Mall and Coimbatore Mall, reached Rs 343.4 mn during the quarter, showing steady 13% year-on-year growth. This consistent performance underscores the stability of the company's retail asset portfolio.

Operational Excellence in Retail Assets

The company's retail properties maintained strong operational metrics during the quarter:

Both malls demonstrated strong retailer traction, with approximately 11,000 sq ft either signed or under fit out across Ch Sambhaji Nagar and Coimbatore malls. The high occupancy rates reflect the quality and appeal of these retail destinations.

Residential Project Updates

The residential segment showed significant momentum during Q3 FY26. The Coimbatore residential project received 34 new bookings worth Rs 183 mn, while collections reached Rs 168 mn during the quarter. The project achieved a major milestone with 57 possessions given and 23 buyers already shifted into the Splendour Tower.

The Nagpur residential project continued its handover process, with 207 units handed over to date out of 336 completed apartments. Part occupancy certificate has been obtained for 242 units up to 11 floors, demonstrating steady project execution.

Nine-Month Performance

For the nine-month period (9M FY26), the company maintained strong performance metrics with an EBITDA margin of 47.1%, compared to 35.6% in 9M FY25. This improvement in margin efficiency reflects the company's operational optimization and revenue mix enhancement strategies.