Prestige Estates Projects has informed that in respect of issue of 500 rated, listed, secured, redeemable, Debentures of the company, the NCD Committee of the company has, at its meeting held on July 24, 2015, approved the issue and allotment of 500 rated, listed, secured, redeemable, non-convertible debentures of Rs. 1,00,00,000 each at par, pursuant to the provisions of Section 42, 71 and other applicable provisions, if any, of the Companies Act, 2013 and any other law for the time being in force, the guidelines issued by the Securities and Exchange Board of India (‘SEBI’), the Listing Agreements entered into by the Company with the respective stock exchanges.
The above information is a part of company’s filings submitted to BSE.