MoneyWorks4Me

Prestige Estates Projects subscribes stake in Techzone Technologies

26 May 2023 Evaluate

Prestige Estates Projects through its wholly owned subsidiary - Prestige Exora Business Parks - has subscribed to 14,35,000 equity shares in Techzone Technologies to hold 48.07% equity stake. Techzone Technologies is developing commercial project at Kundalahalli, Hobli, KR Puram, Bangalore.

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 1133.25
Prestige EstatesProj 1452.05
Dilip Buildcon 406.75
DLF 669.80
Oberoi Realty 1837.80
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