Prestige Estates Projects Limited — Capital/Financing Update 2025

Apr 17, 2025

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Date : April 17, 2025

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, Bandra (E) Floor 25, P J Towers Mumbai-400051 Dalal Street, Mumbai – 400 001 NSE Scrip code: PRESTIGE BSE Scrip code: 533274

Dear Sir / Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company is issuing Corporate Guarantee towards Loan Facility being availed by Prestige Hospitality Ventures Limited, wholly owned subsidiary of the Company.

The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11[th] July, 2023 and SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July, 2023 are enclosed in Annexure I.

This is for your information and records.

Thanking you.

Yours faithfully,

For Prestige Estates Projects Limited

VENKATARATHNAI Digitally signed by VENKATARATHNAIAH SETTY AH SETTY JEELAKUNTE MANOJ JEELAKUNTE KRISHNA Date: 2025.04.17 22:53:51 MANOJ KRISHNA +05'30'

Manoj Krishna J V

Company Secretary and Compliance officer

Enclosed: As 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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ANNEXURE I

Information as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

1. Issue of Corporate Guarantee for loan facility being availed by Prestige Hospitality Ventures Limited

	Ventures Limited
	Particulars		Description
	Name of party for which such guarantees~~or indemnity or surety~~ wasgiven		Prestige Hospitality Ventures Limited,(“Borrower”)
	Whether the promoter/ promoter group/ group companies have any interest in this transaction? If yes, nature of interest and details thereof and whether the same is done at “arms length”		The promoter/ promoter group do not have any interest in this transaction. The corporate guarantee has been provided by the Company on an arm’s length basis, in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI ListingRegulations.
	Brief details of such guarantee~~or~~ ~~indemnity or becoming a surety~~ viz. brief details of agreement entered (if any) including significant terms and conditions, includingamount ofguarantee;		The Company has issued below corporate guarantee to secure the Loan Facility being availed by Prestige HospitalityVentures Limited Name of the Bank/Trustee Amount of facility Axis Bank Limited Upto INR. 175 Crores
			Name of the Bank/Trustee	Amount of facility
			Axis Bank Limited	Upto INR. 175 Crores
	Impact of such guarantees~~or~~ ~~indemnity or surety~~on listed entity.		The corporate guarantee provided is a contingent liability for the Company. This guarantee has been provided on behalf of the wholly owned subsidiary which is part of the consolidated group. At this point, there is no impact of this guarantee on the Company.

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