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Prestige Estates Projects Limited — Capital/Financing Update 2026
Jan 10, 2026
62301_rns_2026-01-10_8814a765-9d41-4e90-954e-d87e5c5a0941.pdf
Capital/Financing Update
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January 10, 2026
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) Mumbai-400051 Dalal Street Mumbai – 400 001 NSE SYMBOL: 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 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We, Prestige Estates Projects Limited (“the Company”) wish to inform you that ‘Orange Grove Lands Private Limited’ has been incorporated as a Wholly-Owned Subsidiary of the Company on January 9, 2026. The certificate of incorporation of the subsidiary was received on January 10, 2026 at 3:06 P.M.
In this regard, we hereby enclose the necessary details in Annexure A as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
This is for your information and records.
Thanking You,
Yours sincerely
For Prestige Estates Projects Limited
VENKATARAT Digitally signed by VENKATARATHNAI HNAIAH SETTY AH SETTY JEELAKUNTE JEELAKUNTE MANOJ MANOJ KRISHNA Date: 2026.01.10 KRISHNA 15:32:56 +05'30' Manoj Krishna J V Company Secretary and Compliance Officer
Enclosed: a/a
Annexure – A
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: [email protected] www.prestigeconstructions.com CIN: L07010KA1997PLC022322
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Information as required under Regulation 30 - Para A Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 are as follows:
1. Details for incorporation of ‘Orange Grove Lands Private Limited’ :
| 1. | Name of the target entity, details in brief such as size, turnover etc. |
Orange Grove Lands Private Limited is incorporated as a Wholly-Owned Subsidiary of Prestige Estates Projects Limited (“the Company”) on January 09, 2026. CIN: U68200KA2026PTC213915 Authorized Capital: Rs. 10,00,000 Paid Up Capital: Rs. 1,00,000 Size/Turnover: Not Applicable (yet to commence its business operations) |
|---|---|---|
| 2. | Whether the acquisition will fall within related party transaction(s) and whether promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” |
Orange Grove Lands Private Limited has been incorporated as a Wholly-Owned Subsidiary of the Company and therefore is a related party of the Company. The Promoter/ Promoter Group/ Group Companies are not interested in the transaction. |
| 3. | Industry to which the entity belongs to |
Orange Grove Lands Private Limited is incorporated to carryon business of real estate development. |
| 4. | Objects and effects of acquisition | Orange Grove Lands Private Limited is incorporated to carryon real estate development. |
| 5. | Brief details of any governmental or regulatory approvals required for the acquisition |
Not Applicable. |
| 6. | Indicative time period for completion of the acquisition |
Not Applicable. |
| 7. | Consideration | Rs. 1,00,000/- towards subscription of 100% of the paid-up share capital of the Wholly-Owned Subsidiary in cash by the Company. |
| 8. | Price at which shares would be subscribed |
The Company has subscribed to 10,000 equity shares of Rs. 10/- each (directly & indirectly) aggregating to Rs. 1,00,000/- |
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: [email protected] www.prestigeconstructions.com CIN: L07010KA1997PLC022322
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| 9. | Percentage of shareholding/ no. of shares acquired |
100% of equity shares (directly & indirectly) of Orange Grove Lands Private Limited |
|---|---|---|
| 10. | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); |
Orange Grove Lands Private Limited is incorporated in India under the under the Companies Act, 2013, to carry on the business of real estate development. Date of Incorporation: January 09, 2026. Turnover History: Not Applicable. Orange Grove Lands Private Limited is yet to commence its business operations. |
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: [email protected] www.prestigeconstructions.com CIN: L07010KA1997PLC022322