Prestige Estates Projects Ltd (PRESTIGE) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Prestige Estates Projects Ltd on NSE and BSE, with an AI summary of each filing.
Intimation for acquisition of 100% stake in Gloind Vintage Infra Private Limited.
Others (Uncategorized) · 04 Nov 2026, 1:19 am
Prestige Estates Acquires 100% Stake in Gloind Vintage Infra for INR 519 Crore EV Prestige Estates Projects Limited's wholly owned subsidiary, Prestige Retail Ventures Limited, acquired 100% equity of Gloind Vintage Infra Private Limited on 3rd Nov'26 for a cash consideration of INR 5 lakh, at an enterprise value of approximately INR 519 crore. Through this deal, Prestige also gains 100% indirect control of Gloind's subsidiary, Tarun Realtors Private Limited, which reported a net worth of INR 819.03 million for FY25-26. The acquisition is slated for completion on or before 12th Nov'26.
Prestige Estates Projects Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 05 Nov 2026, 5:30 am
Prestige Estates Projects Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 05 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 05 Nov 2026, 5:30 am
Prestige Estates Projects Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve unaudited standalone ....
Intimation · 05 Nov 2026, 5:30 am
Prestige Estates Projects Schedules Board Meeting for Q2 FY27 Financial Results Prestige Estates Projects Limited has scheduled its Board of Directors meeting on 5th Nov'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. Consequently, the trading window for insider dealing remains closed from 1st Oct'26 to 7th Nov'26. Additionally, the company will host an investor and analyst earnings call on 6th Nov'26 to discuss performance and business outlook.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Invesco Mutual Fund
Acquisition/ Disposal of Shares · 23 Oct 2026, 8:43 pm
Invesco Mutual Fund Increases Stake in Prestige Estates Projects to 5.02% Invesco Mutual Fund increased its aggregate holding in Prestige Estates Projects Limited to 5.0202% of the paid-up share capital following an open-market acquisition on 8th Oct'26. Schemes under Invesco Mutual Fund acquired 3,22,859 equity shares (0.0750% stake), raising their collective holding from 2,13,00,698 shares (4.9453%) to 2,16,23,557 shares. The transaction crosses the 5% regulatory reporting threshold under SEBI SAST Regulations, based on the target company's total voting capital of 43,07,30,232 equity shares.
In continuation with earlier announcements dated August 10, 2026, and September 29, 2026, the Company has consummated the first tranche of transaction in Hospitality Portfolio through strategic ....
Others (Uncategorized) · 16 Oct 2026, 1:34 am
Prestige Estates Consummates First Tranche of Hospitality Deal with CPPIB for INR 1,500 Cr Prestige Estates Projects has consummated the first tranche of its hospitality partnership with CPPIB and Prestige Hospitality Ventures Limited (PHVL) on 15th Oct'26 following CCI approval. Under this tranche, CPPIB acquired a 10% equity stake in PHVL from the company for INR 950 Cr and an additional 5.79% stake via primary subscription of Series A Compulsorily Convertible Preference Shares for INR 550 Cr, deploying a total of INR 1,500 Cr. Remaining tranches under the binding agreement will be executed subsequently.
Enclosed herewith is the Operational Update for the quarter end and half year ended September 30, 2026.
Others (Uncategorized) · 13 Oct 2026, 7:48 pm
Prestige Estates Posts Strong H1 FY27 Operational Performance and Growth Pipeline Prestige Estates reported H1 FY27 residential pre-sales of ₹1,38,043 million across 11.88 million sq ft, with Q2 FY27 pre-sales rising 20% YoY to ₹72,250 million. Collections reached ₹52,941 million in Q2 FY27 and ₹1,00,963 million for H1 FY27. Commercial office gross leasing stood at 1.7 million sq ft with exit rentals of ₹8,434 million as of Sep'26. Retail mall turnover rose 10% YoY to ₹7,210 million at 99% occupancy. Additionally, CPP Investments committed ₹30,000 million for a ~27% hospitality stake, backing a ₹4,00,000 million H2 pipeline.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Invesco Mutual Fund
Acquisition/ Disposal of Shares · 09 Oct 2026, 10:53 pm
Invesco Mutual Fund Increases Stake in Prestige Estates Projects Above 5% Threshold Invesco Mutual Fund, across multiple schemes, acquired 3,22,859 equity shares (0.0750% stake) in Prestige Estates Projects Limited via open market purchases on 8th Sep'26. Following this acquisition, Invesco Mutual Fund's total holding in the company increased from 2,13,00,698 shares (4.9453%) to 2,16,23,557 shares, representing 5.0202% of the total paid-up equity share capital. The total equity capital of Prestige Estates Projects stands at Rs 4,30,73,02,320, comprising 43,07,30,232 equity shares of Rs 10 each.
Press Release titled "Bombay High Court sets aside MahaREAT Order, Restores Project De-Registration and Promoter Change in Turf View Projects in Mahalaxmi".
Press Release · 01 Oct 2026, 5:03 pm
Bombay High Court Restores Turf View Project De-Registration for Prestige Estates The Bombay High Court, via an order dated 29th Sep'26, set aside the MahaREAT order, restoring the 2nd Sep'22 order de-registering the Turf View Project in Mahalaxmi alongside the 29th Oct'21 approval for a promoter change. Consequently, all concerned parties have settled their disputes and claims, bringing full closure to the legal proceedings and reinstating the earlier regulatory position for Prestige Estates Projects Limited.
Press release titled "CPP Investments enters India''s Hospitality Sector with investment in Prestige Hospitality Ventures".
Press Release · 30 Sept 2026, 2:56 am
CPP Investments to Acquire ~27% Stake in Prestige Hospitality Ventures for INR 30 Billion Canada Pension Plan Investment Board (CPP Investments) announced an INR 30 billion (C$441 million) investment on 29th Sep'26 to acquire an approximate 27% stake in Prestige Hospitality Ventures Limited (PHVL), the hospitality arm of Prestige Estates Projects Limited. The transaction marks CPP Investments' first direct entry into India's hospitality sector. PHVL will utilize the majority of the capital to fund expansion across luxury and premium hotel portfolios, targeting key gateway markets including Bengaluru, Chennai, Delhi, Goa, Hyderabad, and Mumbai.
The Company has entered into agreements for strategic investment in Hospitality Portfolio with CPP Investments.
Others (Uncategorized) · 30 Sept 2026, 2:49 am
CPPIB to Invest INR 3,000 Crore in Prestige Hospitality Ventures Prestige Estates Projects executed definitive agreements on 29th Sep'26 with CPPIB for an investment of up to INR 3,000 crore in its wholly owned subsidiary, Prestige Hospitality Ventures Limited (PHVL). The deal represents an aggregate stake of ~27% via primary CCPS infusions and a secondary equity purchase. Prestige will receive INR 950 crore directly, while PHVL receives INR 2,050 crore across three tranches. The initial tranche closes within 60 days, with CPPIB securing exit rights via IPO or a put option after five years.
Press release titled "Prestige Estates completes two landmark residential developments in Hyderabad".
Press Release · 29 Sept 2026, 10:21 pm
Prestige Estates Completes Two Landmark Residential Projects in Hyderabad Prestige Estates Projects announced the completion of Prestige Clairemont (928 units across 3.29 mn sq. ft.) and Bellagio @ The Prestige City (119 luxury villas across 0.81 mn sq. ft.) in Hyderabad on 29th Sep'26, adding 1,047 homes to its delivered portfolio. As of Jun'26, the company had delivered 19 mn sq. ft. across 10 projects in Hyderabad, with 15 projects spanning 46 mn sq. ft. under construction and planning. Overall, Prestige holds a total pipeline of 137 projects across 229 mn sq. ft.
Issuance Of Corporate Guarantee To The Wholly Owned Subsidiary Of The Company
Others (Uncategorized) · 29 Sept 2026, 12:16 am
Prestige Estates Issues ₹400 Cr Corporate Guarantee for Wholly Owned Subsidiary Prestige Estates Projects Limited has issued a corporate guarantee on an arm’s length basis to secure a loan facility of up to ₹400 Crores availed by its wholly owned subsidiary, Prestige Hospitality Ventures Limited, from Axis Bank Limited. The promoter and promoter group hold no interest in the transaction. The guarantee will be treated as a contingent liability on a consolidated basis, with the company confirming no immediate financial impact on the listed entity at this stage.
Issuance of Corporate Guarantee to the Subsidiary of the Company
Others (Uncategorized) · 26 Sept 2026, 12:02 am
Prestige Estates Issues ₹750 Crore Corporate Guarantee for Subsidiary Prestige Estates Projects Limited has issued an arm's-length corporate guarantee of up to ₹750 Crores to ICICI Bank on 25th Sep'26. The guarantee secures a credit facility availed by its subsidiary, Prestige Falcon Mumbai Realty Private Limited. The promoter and promoter group hold no interest in this transaction. The facility constitutes a contingent liability for the parent entity on behalf of its consolidated subsidiary, resulting in no immediate financial impact on the company.
Intimation for the Withdrawal of DRHP by the Subsidiary of the Company
Others (Uncategorized) · 25 Sept 2026, 11:51 pm
Prestige Estates Subsidiary Prestige Hospitality Ventures Withdraws DRHP Due to Market Conditions Prestige Estates Projects announced that its subsidiary, Prestige Hospitality Ventures Limited (PHVL), has withdrawn its Draft Red Herring Prospectus (DRHP) previously filed on 24th Apr'25 with SEBI and stock exchanges. The decision, approved by PHVL's board on 25th Sep'26, stems from strategic considerations and uncertain market conditions. PHVL indicated it may consider filing a fresh DRHP in the future for an initial public offering (IPO), subject to improved market conditions, necessary regulatory approvals, and other strategic factors.
Press Release titled "Prestige Estates Launches Prestige Parklane in Bengaluru"
Press Release · 25 Sept 2026, 8:23 pm
Prestige Estates Launches ₹1,750 Crore Prestige Parklane Project in Bengaluru Prestige Estates Projects launched Prestige Parklane on 25th Sep'26, a residential project along the Satellite Town Ring Road in Devanahalli, Bengaluru. Spread across 11.91 acres, the development features nine towers with 1,788 units (1, 2, and 3 BHK) and ~1.7 mn sq. ft. of saleable area, representing an estimated Gross Development Value (GDV) of ~₹1,750 crore. As of Jun'26, Prestige has delivered 319 projects totaling 216 mn sq. ft., alongside an active pipeline of 137 projects spanning 229 mn sq. ft.
Press Release Titled "Prestige Launches Garden Breeze- The Prestige City, in Sarjapur, Bengaluru"
Press Release · 17 Sept 2026, 8:01 pm
Prestige Estates Launches Garden Breeze in Bengaluru with Rs 1,100 Crore GDV Prestige Estates Projects Limited launched Garden Breeze within The Prestige City township in Sarjapur, Bengaluru on 17th Sep'26. Spread across 10 acres, the residential project comprises 4 towers featuring 655 premium 2- and 3-BHK apartments ranging from 1,081 sq. ft. to 1,789 sq. ft. The development encompasses ~0.93 mn sq. ft. of saleable area with an estimated Gross Development Value (GDV) of Rs 1,100 crore, expanding the developer's ongoing project pipeline of 137 projects across 229 million sq. ft.
Intimation regarding receipt of ESG Rating.
Others (Uncategorized) · 16 Sept 2026, 5:27 pm
CRISIL Upgrades Prestige Estates' ESG Rating to Strong CRISIL ESG Ratings & Analytics upgraded Prestige Estates Projects Limited's ESG rating from 'Crisil ESG 54' (Adequate) in FY24-25 to 'Crisil ESG 65' (Strong) for FY25-26. Additionally, the company secured a Crisil Core ESG rating of 72. The rating agency independently prepared the evaluation using publicly available data without direct engagement from the company.
Incorporation of Wholly-Owned Subsidiaries of the Company
Others (Uncategorized) · 10 Sept 2026, 3:42 pm
Prestige Estates Projects Incorporates Two Wholly-Owned Real Estate Subsidiaries Prestige Estates Projects Limited announced the incorporation of two wholly-owned subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, on 9th Sep'26 to carry on real estate development business in India. The company and its subsidiary hold 100% partnership interest (directly and indirectly) in both entities, with a capital contribution of INR 1,00,000 each. Promoter and promoter group entities hold no interest in the transactions. Both LLPs are newly incorporated and are yet to commence commercial operations.
Please find enclosed Company''s response to rumour verification email dated September 4, 2026.
Others (Uncategorized) · 05 Sept 2026, 12:39 am
Prestige Estates Clarifies No Material Impact from MahaREAT Order on Turf View Prestige Estates Projects clarified that a 25th Aug'26 Maharashtra Real Estate Appellate Tribunal order concerning three homebuyers at its Turf View project in Mahalaxmi is part of routine business operations, with appropriate legal recourse underway. The company assessed no material impact on its financial position, operations, or performance. It dismissed media reports linking the 4th Sep'26 intraday share price decline of 3.5% to the order, noting the decision had been publicly available since late August and sector-wide weakness was observed. No undisclosed material information exists.
The Exchange has sought clarification from Prestige Estates Projects Ltd on 04th September, 2026, with reference to news appeared in https://www.moneycontrol.com/ dated 04th September, ....
Others (Uncategorized) · 04 Sept 2026, 8:50 pm
Press Release titled - Prestige Group Expands NCR Presence with Rs. 5,600 Crore Residential Development in Gurgaon
Press Release · 03 Sept 2026, 4:43 pm
Press release titled "Prestige launches Prestige Palm Court in Madhavaram, North Chennai".
Press Release · 28 Aug 2026, 9:20 pm
Prestige Estates Launches New Residential Project in North Chennai Prestige Estates announced on 28 Aug'26 the launch of "Prestige Palm Court," a new residential project in Madhavaram, North Chennai. Spread across 7.98 acres, the development features 910 apartments in 5 towers, with a total saleable area of 1.38 mn sq. ft. The project holds an estimated Gross Development Value of Rs. 1,330 Crore. This launch is part of the company's plan to introduce 3-4 residential projects in the Chennai region this financial year, supporting its expansion strategy.
Please find enclosed the voting results and Scrutinizer''s report for AGM held on August 20, 2026.
Annual General Meeting · 22 Aug 2026, 12:23 am