Prestige Estates Projects Limited — AGM Information 2024

Sep 30, 2024

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September 30, 2024

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

Dear Sir / Madam,

• Sub: Proceedings of the 27[th] Annual General Meeting of the Company held on September 30, 2024.

This is to inform you that the 27[th] Annual General Meeting (AGM) of the Members of the Company was held on Monday, September 30, 2024 at 11:30 A.M. at the registered office of the Company at Prestige Falcon Tower, No.19, Brunton Road, Bangalore - 560025, and the business mentioned in the Notice of AGM was transacted.

In this regard, please find enclosed the proceedings of AGM as required under Regulation 30 and 51(2) 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

VENKATARATHNA Digitally signed by IAH SETTY VENKATARATHNAIAH SETTY JEELAKUNTE MANOJ JEELAKUNTE KRISHNA Date: 2024.09.30 19:31:52 MANOJ KRISHNA +05'30'

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

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Summary of proceedings of the 27[th] Annual General Meeting of Prestige Estates Projects Limited

The 27[th] Annual General Meeting (‘AGM’) of the members of Prestige Estates Projects Limited (‘the Company’) was held on Monday, September 30, 2024, at 11: 30 A.M (IST) at the Registered office of the Company at Prestige Falcon Tower, No.19, Brunton Road, Bangalore - 560025. The following Directors were present:

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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. S N Nagendra Independent Director & Chairman of theAudit Committee6. Ms. Neelam Chhiber Independent Director7. Mr. T Srikanth Bhagavat Independent Director----- End of picture text -----

In Attendance:	In Attendance:
1.	Mr. Amit Mor	Chief Financial Officer
2.	Mr. Manoj Krishna J V	Company Secretary and ComplianceOfficer
Other Representatives:
1.	Mr. Sudhir Jain, PartnerMr. Manjunath A,Director	StatutoryAuditors,S.R.Batliboi&Associates LLP
2.	Mr. Nagendra D. Rao	Company Secretary in Practice, SecretarialAuditor and Scrutinizer

No. of members attended the meeting: 104

The meeting commenced at 11:30 A.M (IST) and concluded at 01:00 P.M. (IST) (including time allowed for voting at AGM). Mr. Irfan Razack, Chairman & Managing Director of the Company, chaired the meeting. The Company Secretary extended his warm welcome to all the members and invitees. The requisite quorum being present, the Company Secretary 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 corporate presentation on Business Performance of the Company.

The Company Secretary further informed that, the Registers as required under the Companies Act, 2013 and other relevant documents mentioned in the Notice were available for inspection.

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

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With the consent of the Members present, Notice of the Meeting was taken as read.

Thereafter, the following items of ordinary and special businesses as set out in the Notice convening 27th 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, 2024, 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, 2024 and Report of Auditors’ thereon.

3. To declare a final dividend of ₹ 1.80/- per fully paid equity share for the Financial Year 2023-2024.

4. To re-appoint Mr. Noaman Razack, Director, (DIN: 00189329) who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.

SPECIAL BUSINESS:

1. To- re-appoint Mr. Irfan Razack (DIN:00209022) as Chairman and Managing Director.

2. To re-appoint Mr. Rezwan Razack (DIN: 00209060) as Joint Managing Director of the Company.

3. To re-appoint Mr. Noaman Razack (DIN: 00189329) as Whole-time Director of the Company.

4. To approve the regularization of appointment of Mr. T. Srikanth Bhagavat (DIN: 00188587) as Non-Executive Independent Director of the Company.

5. To ratify the payment of remuneration to M/s P. Dwibedy & Co. Cost Auditor of the Company for the Financial Year 2024-2025.

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

Further, the shareholders were provided with a facility to ask questions or express their views on the tabled resolutions, Business Performance and Annual report.

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

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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.

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 CDSL and would also be forwarded to National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).

The Chairman then thanked all the Directors and Members for attending and participating at the meeting. There being no other business to be transacted, the meeting concluded with a vote of thanks to the Chair.

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