Prestige Estates Projects Limited — AGM Information 2023

Sep 21, 2023

==> picture [83 x 86] intentionally omitted <==

September 21, 2023

The Manager The General Manager Dept. of Corporate Services Dept. of Corporate Services BSE Limited National Stock Exchange of India Regd. Office: Floor 25, P J Towers Limited, Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400051 Scrip code: 533274 Scrip code: PRESTIGE

Dear Sir / Madam,

Sub: Proceedings of the 26[th] Annual General Meeting of the Company held on September 21, 2023.

We wish to inform you that the 26[th] Annual General Meeting (AGM) of the Members of the Company was held on Thursday, September 21, 2023, and the business mentioned in the Notice of AGM was transacted. In this regard, please find the enclosed the proceedings of AGM as required under Regulation 30, Part A of Schedule - III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This is for your information and records.

Thanking You,

Yours faithfully,

For Prestige Estates Projects Limited,

VENKATARATHN Digitally signed by AIAH SETTY VENKATARATHNAI AH SETTY JEELAKUNTE JEELAKUNTE MANOJ KRISHNA MANOJ KRISHNA Manoj Krishna J V Company Secretary & Compliance Officer

Encl: As stated above

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322

==> picture [83 x 86] intentionally omitted <==

Summary of proceedings of the 26[th] Annual General Meeting of Prestige Estates Projects Limited

The 26[th] Annual General Meeting (‘AGM’) of the members of Prestige Estates Projects Limited (‘the Company’) was held on Thursday, September 21, 2023, at 12:00 Noon (IST) at the Registered office, Prestige Falcon Tower, No.19, Brunton Road, Bangalore - 560025. The following Directors were present:

==> picture [392 x 160] intentionally omitted <==

----- Start of picture text -----

1. Mr. Irfan Razack Chairman and Managing Director2. Mr. Rezwan Razack Joint Managing Director3. Mr. Noaman Razack Whole Time Director4. Ms. Uzma Irfan Director5. Mr. Pangal Ranganath Nayak Independent Director6. Mr. Jagdeesh Reddy Independent Director & Chairman ofAudit Committee7. Mr. Noor Ahmed Jaffer Independent Director8. Ms. Neelam Chhiber Independent Director (Attendedthrough Audio/Video Conferencing)9. Mr. S N Nagendra Independent Director10. Mr. Ravindra Munishwar Mehta Independent Director----- End of picture text -----

In Attendance:

==> picture [392 x 132] intentionally omitted <==

----- Start of picture text -----

1. Mr. Venkata Narayana Konanki Chief Executive Officer2. Mr. Amit Mor Chief Financial Officer3. Mr. Manoj Krishna J V Company Secretary and ComplianceOfficerOther Representatives:1. Mr. Sudhir Jain, Partner Statutory Auditors, S.R. Batliboi &Mr. Manjunath A, Director Associates LLP2. Mr. Nagendra D. Rao Company Secretary in Practice,Secretarial Auditor and Scrutinizer----- End of picture text -----

No. of members attended the meeting: 104

The meeting commenced at 12:00 Noon (IST) and concluded at 01:30 P.M. (IST) (including time allowed for voting at AGM). The Chairman, Mr. Irfan Razack chaired the meeting. The Chairman extended his warm welcome to all the members and invitees. The requisite quorum being present, the Chairman called the meeting to order. The Chairman introduced the Board of Directors, to the meeting. The Chairman welcomed all shareholders, auditors and other invitees who joined at the venue and delivered his speech followed by presentation by Mr. Venkata Narayana Konanki, CEO.

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322

==> picture [83 x 86] intentionally omitted <==

Thereafter, the following items of ordinary and special businesses as set out in the Notice convening 26th Annual General Meeting (AGM) were transacted as follows:

ORDINARY BUSINESS:

1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023, together with the Boards’ Report and Report of Auditors’ thereon.

2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023 and Report of Auditors’ thereon.

3. To declare a final dividend of Rs. 1.50/- per fully paid equity share for the Financial Year 2022-2023.

4. To re-appoint Mr. Rezwan Razack, Director, (DIN: 00209060) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

1. To approve the continuation of appointment of Mr. Irfan Razack (DIN:00209022) as Chairman and Managing Director upon attaining the age of 70 (seventy) years.

2. To ratify the payment of remuneration to M/s P. Dwibedy & Co. Cost Auditor of the Company for the Financial Year 2023-2024.

3. Issue of Non-Convertible Debentures on a Private Placement basis.

4. To approve the regularisation of appointment of Mr. S N Nagendra (DIN:02533658) as Non-Executive Independent Director of the Company

Then the shareholders were provided a facility to ask questions or express their views on the tabled resolutions, Business Performance and Annual report. Clarifications were provided to the queries raised by the members.

The Chairman informed that the Company had provided members the facility to cast their vote electronically, on all resolutions set forth in the Notice. It was further informed that there would be no voting by show of hands. The Board of Directors had appointed Mr. Nagendra D. Rao as the Scrutinizer to supervise the e-voting and physical/ballot voting process.

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322

==> picture [83 x 86] intentionally omitted <==

The Chairman informed the Members that the details of the voting results (i.e. e-voting and physical/ballot voting at the AGM) would be collated and announced within 2 working days from the conclusion of the Meeting and would be uploaded on the website of the Company and NSDL and would also be forwarded to National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).

This is for your information and records.

Yours faithfully,

For Prestige Estates Projects Limited,

VENKATARATHN Digitally signed by AIAH SETTY VENKATARATHNA IAH SETTY JEELAKUNTE JEELAKUNTE MANOJ KRISHNA MANOJ KRISHNA Manoj Krishna J V Company Secretary & Compliance Officer

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322