Prozone CSC to be listed on BSE and NSE
Real estate player Prozone CSC, earlier a subsidiary of Provogue India Ltd, will be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on September 12 as an independent entity.
Prozone CSC Ltd has gone through the demerger process duly approved by the Mumbai High Court and is scheduled to be listed as a separate entity following the demerger.
Prior to the demerger, Provogue held 75 per cent stake in the Prozone CSC, while Capital Shopping Centres Group Plc, UK held 25 per cent stake. After the demerger, Provogue promoters will hold 35.08 per cent and Capital Shopping Centers (CSC) will hold 32.38 per cent stake in the demerged company Prozone CSC Ltd.
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Bombay Stock Exchange (BSE), BSE, Capital Shopping Centers (CSC), Capital Shopping Centres Group Plc, demerger, Mumbai High Court, NSE, Provogue India Ltd, Prozone CSC, Prozone CSC Ltd, Real estate players, Subsidiary
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