Prozone Realty unit acquires Festivalvalley Developers for ₹1 lakh
Prozone Realty’s step-down subsidiary, Empire Mall, has acquired 100% of Festivalvalley Developers for ₹1 lakh in cash. The transaction, completed on July 20, 2026, makes Festivalvalley a step-down subsidiary and supports Prozone’s expansion and related investments.
Prozone Realty’s step-down subsidiary Empire Mall acquired 100% of Festivalvalley Developers for ₹1 lakh, making the real-estate developer a step-down subsidiary. Prozone said the deal supports expansion and related investments.
Why this matters
No related recent Prozone Realty signals were provided. The acquisition adds Festivalvalley Developers as a step-down subsidiary through Empire Mall and supports Prozone Realty's expansion and related investments.
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