Prozone Realty shareholders approve director reappointment, auditor at AGM

Prozone Realty Limited announced that all resolutions proposed at its 18th Annual General Meeting (AGM) on September 26, 2025, were duly passed with the requisite majority. Shareholders approved the re-appointment of Nikhil Chaturvedi as managing director for an additional three-year term, effective February 27, 2026. This resolution saw significant support, with 99.9963% of votes cast in favor and 0.0037% against, and a total of 6,54,29,153 votes polled.

The audited financial statements for the fiscal year ended March 31, 2025, were also adopted, garnering 99.9969% of votes in favor and 0.0031% against from 6,54,34,153 votes polled. Additionally, M/s HSPN & Associates, Practicing Company Secretaries, were appointed as the secretarial auditor for five consecutive years from fiscal year 2025-26 to fiscal year 2029-30, receiving 99.9969% support from 6,54,32,100 votes polled.

The AGM was conducted through video conferencing, with 5 promoters/promoter group members and 41 public shareholders in attendance. All voting was conducted via remote e-voting and e-voting at the AGM, with a combined total of 65,429,153 shares polled across all resolutions.