NSEPress Release1 Oct 2026 · 1 Oct 2026, 11:32 am
Press Release
Prestige Estates Projects Limited · PRESTIGE
✦ AI Summary▲ PositiveRegulatory
Prestige Estates Projects Limited has informed the Exchange regarding a press release dated October 01, 2026, titled "Bombay High Court Sets Aside MahaREAT Order, Restores Project De-Registration and Promoter Change in Turf View Project in Mahalaxmi". The order dated 29 September 2026 passed by the Hon'ble High Court of Judicature at Bombay restores the Order dated 2 September 2022 de-registering the Turf View Project in Mahalaxmi, together with the Order/Note dated 29 October 2021 approving the change of promoter.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment7/10
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Prestige Estates Projects Limited has informed the Exchange regarding a press release dated October 01, 2026, titled "Bombay High Court Sets Aside MahaREAT Order, Restores Project De-Registration and Promoter Change in Turf View Project in Mahalaxmi .
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Date: October 1, 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 – 400 051 Dalal Street, Mumbai – 400 001
NSE Symbol: PRESTIGE BSE Scrip code: 533274
Dear Sir / Madam,
Sub: Press Release titled “Bombay High Court Sets Aside MahaREAT Order, Restores
Project De-Registration and Promoter Change in Turf View Project in Mahalaxmi”
Please find enclosed, a copy of the Press Release titled “Bombay High Court Sets Aside
MahaREAT Order, Restores Project De-Registration and Promoter Change in Turf View
Project in Mahalaxmi”.
This is for your information and records.
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 Website: www.prestigeconstructions.com
CIN: L07010KA1997PLC022322
Bombay High Court Sets Aside MahaREAT Order, Restores Project De-Registration
and Promoter Change in Turf View Project in Mahalaxmi
Mumbai, 1 Oct 2026 : In light of the order dated 29 September 2026 passed by the
Hon'ble High Court of Judicature at Bombay, the Order dated 2 September 2022 de-
registering the Turf View Project in Mahalaxmi, together with the Order/Note dated 29
October 2021 approving the change of promoter, stands restored.
Consequent to the Hon'ble High Court's order, all concerned parties have duly settled
their respective disputes and claims relating to the matter.
The resolution brings closure to the proceedings and restores the regulatory position as
it stood under the aforementioned orders.
Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025.
Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com
CIN: L07010KA1997PLC022322