Prozone Intu

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prozone intu Date: 25th November 2020 To, National Stock Exchange of India Limited BSELimited Exchange Plaza, Listing Department, Bandra Kurla Complex, Bandra (E), P.J. Towers, Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 Scrip: PROZONINTU Scrip: 534675 Subject: Submission of Press Release - Reg 30 of SEBI (LODR) Regulations, 2015. Dear Sir/Madam, Pursuant to the Regulation 30 of SEBl (Listing obligations and Disclosure Requirements), Regulations, 2015, please find attached herewith a copy of Press Release titling "Prozone Intu invests in a mixed use development project at Mumbai". Please take the same on your record. Thanking you, flROZC . E INrLi PROPERTIES ~ l M I T E D RI!! ,.:;d .OOlCC" : l (S : I06 .Gr 'Itt1F~oor,Dr~' Sq r .Da:llndu ~tf ; E ~ ~ .l f _ r: .Of¥ r-...w :" ~ R o. :, An _ i\N .t, !"1 I.~ i- 4 . ~) . If'1d T : +-9 1 12 e 23 900C16e:'J 900 1 I F..m <. : . '\!Of!C \ Ie 'Ppml' coc nu: . 1 I ........-. pn'.I::!or -.' ,~, . , t O N. L-451~H2007Pt. ~ I :"-!: 047 prozone Press Release intu Prozone Intu invests in a mixed use development project at Mumbai Mumbai, November 25, 2020:Prozone Intu Properties limited (PIPL), India's leading retail led mixed-use developer, through it associate entity Calendula Commerce Private limited has acqu ired stake in Gajannan Property Developers Private limited (SPV of Paradigm Realty) for joint development of a green field redevelopment project in Oshiwara, Andheri West, Mumbai. Paradigm Realty group specializes in Slum Rehabilitation Authority (SRA) projects in Mumbai. It has successfully completed several residential projects. Thisredevelopment project is on an approximately 10 acres land parcel sit uated in the western suburb of Andheri, Mumbai offers a highly sought after and lucrative opportunity for Prozone to strategically enter a mature market in a Tier 1 metro city. PIPL will execute the designing & construction of the mall, followed by running the operations ofthe ma ll. Commenting on the development, Nikhil Chaturvedi, Managing Director, Prozone Intu said, "After establishing firm presence in the Tier 2 cities with our projects at Aurangabad, Nagpur & Coimbatore, we look forward to level up our footprint by entering the financial capital of the country, Mumbai. It will be a large mixed use project catering to anaffluent micro-market in Mumbai's most popular northern suburb." Prozone has a deep understanding and rich experience in setting up and operating retail assets in different geographies. This project will lay the foundation for an exciting new phase and next leg of growth. sr Company is planning launch the project very soon. PROZONE INTU PR PERTIES LIMITED Re-4~ ' Os.cc : !05!106, r; ' o.md fl OO 1 ~ Dre» - Square . DJ. I,.,rlustm ' £, Utl" O ff N..w l.in], Road . Ane : 'N est, Mumb;), 40005 ?lnc:',\ T ; +9 1 :' 2 6S23 9000 / 68 23 900 1 I f: ~ 1 ,," : ' l..= \t or ~ c r .,. · ;: l' 'l.pr,nOfl eu.« 'T\ I .WWW.pt .:.!~ . n~u .rOl""'. I :: , '.:''-4 S: 00M h::0O7P'_C I 74 ' 47.

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