Prime Urban Development India News

Prime Urban closes trading window from July 1

Prime Urban Development India Ltd has closed its trading window from July 1, 2026, until 48 hours after Q1FY27 results are declared.

Prime Urban board meets on May 28

Prime Urban Development India Ltd board meets on May 28, 2026 to consider FY26 audited results. Trading window closed from April 1.

Prime Urban Development Q3FY26 Loss Widens

Prime Urban Development India Limited reported a net loss of ₹15.89 lakhs for Q3FY26 ended December 31, 2025, compared to ₹3.24 lakhs loss in Q3FY25. Company appointed Kishor Khadelwal as CFO.

Prime Urban Development Reports Mixed Quarterly Performance with Ongoing Legal Dispute

Prime Urban Development India Limited reported a net profit of Rs. 33.49 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs. 18.33 lakhs in the previous quarter, with total income of Rs. 84.67 lakhs. The company faces an ongoing arbitration case regarding Rs. 13.30 crores received from Prime Mall Developers in 2007, which remains classified as current liabilities pending legal resolution.

Prime Urban Development Receives Arbitrator Appointment for Partnership Dispute

Prime Urban Development India Limited announced that Justice R. Subramanian, Former Judge of the High Court, Madras, has been appointed as arbitrator in a dispute between partners of Prime Mall Developers. The company holds a 50% partnership stake in Prime Mall Developers. The arbitrator appointment was made through an order by the Madras High Court dated September 22, 2025, with the company receiving notice on November 4, 2025. The company had previously filed an application for arbitrator appointment on July 23, 2025.