MoneyWorks4Me

Prestige Estates Projects gets nod to raise Rs 1000 crore through NCDs

27 May 2022 Evaluate

Prestige Estates Projects has received approval to raise funds through issuance of Non-convertible debentures (NCDs) for an aggregate amount up to Rs 1000 crore on Private placement basis. The Board of the Directors at their meeting held on May 26, 2022 have approved the same.

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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