NSEGiving guarantees/indemnity/ becoming a surety for third party28 Sept 2026 · 28 Sept 2026, 06:56 pm
Giving guarantees/indemnity/ becoming a surety for third party
Prestige Estates Projects Limited · PRESTIGE
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Prestige Estates Projects Limited has informed the Exchange about giving a corporate guarantee to its wholly owned subsidiary, Prestige Hospitality Ventures Limited, for a loan of up to Rs. 400 Crores from Axis Bank Limited.
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Prestige Estates Projects Limited has informed the Exchange about giving corporate guarantee to the wholly owned subsidiary of the Company.
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Date: September 28, 2026
The General Manager The Manager
Dept. of Corporate Services Dept. of Corporate Services
National Stock Exchange of India Limited BSE Limited
Bandra Kurla Complex, Bandra (E) Floor 25, P J Towers
Mumbai-400051 Dalal Street, Mumbai – 400 001
NSE Symbol: PRESTIGE BSE Scrip code: 533274
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform that the Company is issuing Corporate Guarantee
towards loan availed by Prestige Hospitality Ventures Limited, wholly owned subsidiary of
the Company.
The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026 are
enclosed in Annexure I.
This is for your information and records.
Thanking you.
Yours faithfully,
For Prestige Estates Projects Limited
Manoj Krishna J V
Company Secretary & Compliance Officer
Enclosed: As above
Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025.
Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com www.prestigeconstructions.com
CIN : L07010KA1997PLC022322
ANNEXURE I
Information as required under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations 2015
Issue of Corporate Guarantee for loan being availed by Prestige Hospitality Ventures
Limited.
Particulars Description
Name of party for which such Prestige Hospitality Ventures Limited (“Borrower”)
guarantees or indemnity or surety
was given
Whether the promoter/ promoter The promoter/ promoter group do not have any
group/ group companies have any interest in this transaction.
interest in this transaction? If yes,
nature of interest and details The corporate guarantee has been provided by the
thereof and whether the same is Company on an arm’s length basis, in compliance with
done at “arms length” the applicable provisions of the Companies Act, 2013
and the SEBI Listing Regulations.
Brief details of such guarantee or The Company has issued below corporate guarantee to
indemnity or becoming a surety secure the loan being availed by Prestige Hospitality
viz. brief details of agreement Ventures Limited.
entered (if any) including
significant terms and conditions, Name of the Amount of facility
including amount of guarantee; Lender/Trustee
Axis Bank Limited Up to Rs. 400 Crores
Impact of such guarantees or The corporate guarantee provided is a contingent
indemnity or surety on listed entity. liability for the Company. This guarantee has been
provided on behalf of the wholly owned subsidiary
which is part of the consolidated group. At this point,
there is no impact of this guarantee on the Company.
Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025.
Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com www.prestigeconstructions.com
CIN : L07010KA1997PLC022322