Prestige Estates Projects to dilute 5% of promoters’ stake through QIP

03 Jun 2014

Prestige Estates Projects has received an approval to dilute 5% of promoters’ stake in the company through Qualified Institutional Placement (QIP), subject to approval of members and other statutory authorities. The board of directors at its meeting held on May 26, 2014 has approved for the same.

Prestige Estate Projects commenced operations as a partnership firm constituted under the Indian Partnership Act, 1932 on April 1, 1986 under the name and style of Prestige Estates and Properties. The partners of the firm were the Late S Razack, Irfan Razack, Rezwan Razack and Sameera Noaman.

Related Prestige Estate Projects Ltd. Links:

Prestige Estate Proj Share Price

296.85 0.00 (0.00%) Nov 20, 18:01
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 406.40
NBCC (India) 37.30
Sobha 397.80
DLF 212.40
JMC Projects (India) 102.55
View more..
Sensex vs Prestige Estate Proj
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463