Prestige Estates Projects Ltd

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has consummated the first tranche of its transaction in the Hospitality Portfolio through a strategic partnership with CPP Investments, acquiring 10% and 5.79% of PHVL's shareholding for INR 950,00,00,000 and INR 550,00,00,000 respectively.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd reported operational update for the quarter and half year ended September 30, 2026, with ₹1,38,043 million in H1 FY27 pre-sales, and a ₹4,00,000 million launch pipeline lined up for H2.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has received a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Invesco Mutual Fund.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced that the Bombay High Court has set aside the MahaREAT order and restored the project de-registration and promoter change in the Turf View Project in Mahalaxmi.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced the closure of its trading window for all Designated Persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of financial results for the quarter and half year ended September 30, 2026.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced that CPP Investments has invested INR 30 billion in Prestige Hospitality Ventures, acquiring a 27% stake in the company.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has entered into agreements with CPP Investments for a strategic investment in its hospitality portfolio, with a proposed investment of up to INR 30,000,00,00,000 in three tranches.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has completed two landmark residential developments in Hyderabad, Prestige Clairemont and Bellagio @ The Prestige City Hyderabad, adding 1,047 homes to its delivered portfolio in the city.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has issued 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.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has issued a corporate guarantee to its subsidiary, Prestige Falcon Mumbai Realty Ventures Private Limited, for a loan of up to INR. 750 Crores from ICICI Bank. The guarantee is a contingent liability for the company and has been provided on an arm's length basis.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd's subsidiary, Prestige Hospitality Ventures Limited, has withdrawn its Draft Red Herring Prospectus (DRHP) filed with SEBI, National Stock Exchange, and BSE due to strategic considerations and uncertain market conditions.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has launched Prestige Parklane, a new residential development in Bengaluru, with 1,788 homes and a gross development value of ₹1,750 crore.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has received an upgraded ESG rating from 'Crisil ESG 54' to 'Crisil ESG 65' for FY 2025-26, with a Crisil Core ESG rating of 72.

Prestige Estates Projects Ltd

The BSE has sought clarification from Prestige Estates Projects Ltd regarding news appearing in Moneycontrol on 04th September, 2026.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced the expansion of its presence in the National Capital Region (NCR) with a new residential development in Gurgaon, valued at ₹5,600 crore.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has launched a new residential development, Prestige Palm Court, in Madhavaram, North Chennai, with 5 towers of Ground + 22 Floors and 910 premium apartments across 7.98 Acres of land. The development has an estimated Gross Development Value of Rs. 1330 Crore.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced the voting results and Scrutinizer's report for its 29th Annual General Meeting (AGM) held on August 20, 2026. The AGM was conducted through physical mode, and the business mentioned in the Notice of AGM was transacted. The voting results show that all resolutions were passed with a majority of votes in favor. The resolutions included receiving and adopting the Audited Standalone Financial Statements, Audited Consolidated Financial Statements, and declaring a final dividend of ₹ 2/- per fully paid equity share for the Financial Year 2025-2026.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd held its 29th Annual General Meeting (AGM) on August 20, 2026, where the company's financial statements for FY 2025-2026 were adopted, a final dividend of ₹ 2/- per share was declared, and several other resolutions were passed.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced the execution of a binding framework agreement with CPP Investment Board Private Holdings (4) Inc. for an investment of up to INR 30,00,00,00,000 in Prestige Hospitality Ventures Limited, a wholly owned subsidiary of the company.

Prestige Estates Projects Ltd

Prestige Estates Projects Ltd has announced that ICRA Limited has reaffirmed its credit ratings for various instruments, including term loans, non-fund based limits, fund-based limits, unallocated limits, and commercial paper, with ratings ranging from [ICRA]A+ (Stable) to [ICRA]A1.