NSEDisclosure under SEBI Takeover Regulations19 Jun 2026 · 19 Jun 2026, 03:22 pm

Disclosure under SEBI Takeover Regulations

Prestige Estates Projects Limited · PRESTIGE

✦ AI Summary

Prestige Estates Projects Limited announced a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Razack Family Trust, a promoter of the company, confirmed that the promoters and promoter group have not made any encumbrance on the company's shares. This means no shares held by the promoter group are pledged or used as collateral, assuring investors of their unencumbered status. For investors, this signifies financial stability and confidence from the promoter group, potentially reducing risks associated with forced share sales.

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Full Announcement

Prestige Estates Projects Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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RAZACK FAMILY TRUST Regd Office: NO. 21/22-3, CRAIG PARK LAYOUT, MAHATMA GANDHI ROAD, BANGALORE- 560001 Date: April 9, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers C-1, Block G, Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai-400051 Mumbai-400001 Dear Sir/Madam, Sub: Disclosures under Regulation 31 (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 In terms of the provisions of Regulation 31 (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we Razack Family Trust, one of the Promoters of Prestige Estates Projects Limited (the “Company”) hereby submit that the promoters and promoter group of the Company have not made any encumbrance, directly or indirectly, on the shares of the Company. Kindly take the same on record. Thanking you. Yours Faithfully, For Razack Family Trust Irfan Razack Trustee Place : Bangalore Date : April 9, 2026 Encl.: As above The Audit Committee Prestige Estates Projects Limited RAZACK FAMILY TRUST Regd Office: NO. 21/22-3, CRAIG PARK LAYOUT, MAHATMA GANDHI ROAD, BANGALORE- 560001 Annexure Name(s) of the person Whether the person and Persons Acting in belongs to Promoter/ Concert (PAC) with the Promoter group person Razack Family Trust Yes Irfan Razack Yes Rezwan Razack Yes Noaman Razack Yes Badrunissa Irfan Yes Almas Rezwan Yes Sameera Noaman Yes Uzma Irfan Yes Faiz Rezwan Yes Zayd Noaman Yes