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Prestige Estates Projects Limited — Capital/Financing Update 2020
Jul 14, 2020
62301_rns_2020-07-14_09e288c1-10b7-46a7-bb2f-133d1bfa4f63.pdf
Capital/Financing Update
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July 14, 2020
To
| The General Manager | The Manager |
|---|---|
| Dept. of Corporate Services | Dept of Corporate Services |
| National Stock Exchange of India Limited | BSE Limited |
| Bandra Kurla Complex | Floor 25, P J Towers |
| Bandra (E) | Dalal Street |
| Mumbai-400051 | Mumbai – 400 001 |
| NSE Scrip code: PRESTIGE | BSE Scrip code: 533274 |
Dear Sir / Madam,
Sub: Prestige Estates subsidiary has acquired equity stake in DB (BKC) Realtors Private Limited Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
We wish to inform that Prestige Falcon Realty Ventures Private Limited, a wholly owned subsidiary of Prestige Estates Projects Limited, has acquired (i) 1,17,503 equity shares representing 25.64% of the equity share capital of DB (BKC) Realtors Private Limited from IIRF XI Holdings Limited and (ii) (a) 20,961 equity shares representing 4.57% of the equity share capital of DB (BKC) Realtors Private Limited and (b) 20,961 Series B redeemable optionally convertible cumulative preference shares representing 4.57% of the redeemable optionally convertible cumulative preference share capital of DB (BKC) Realtors Private Limited from Vistra ITCL (India) Limited (previously known as IL&FS Trust Company Limited) as per the terms and conditions agreed in the Share Purchase Agreement(s) and other ancillary document executed with the sellers and/ or other necessary parties.
This disclosure is being issued, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.
Thanking You, Yours Faithfully,
For Prestige Estates Projects Limited
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Manoj Krishna JV Company Secretary & Compliance Officer
Prestige Estates Projects Ltd ., Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : [email protected] www.prestigeconstructions.com CIN : LO7010KA1997PLC022322