Outcome of Board Meeting held on July 27, 2026

Prozone Realty Limited's management Committee approved the acquisition of a 17.51% equity stake in Downtown Retail Malls Private Limited on July 27, 2026. Following this acquisition, Prozone's total shareholding in Downtown Retail will increase from 9.21% to 26.80%. Further details of the transaction are provided in the attached annexure.

Reported results are the point at which prior management commitments become checkable against audited or reviewed numbers.

• Margin trend against the prior period
• Cash from operations against reported profit
• Whether prior guidance is reaffirmed
• Develop Large scale Land Parcels for Mixed Use development with 75% of the Land to be developed as Residential (management committed by FY27)