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Prestige Estates Projects gets nod to raise funds up to Rs 5,000 crore

22 Jun 2024 Evaluate

Prestige Estates Projects has received approval for raising of funds by way of issuance of equity shares or other eligible securities for an aggregate amount not exceeding Rs 5,000 crore by way of qualified institutional placement (QIP) or other permissible mode in accordance with the applicable laws, subject to the receipt of the necessary approvals as may be required. The Board of Directors of the company at its meeting held on June 21, 2024 have considered and 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.


Prestige EstatesProj Share Price

1357.50 19.70 (1.47%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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