Prestige Estates Recommends 20% Dividend, Approves NCD Issue

Prestige Estates Projects Ltd's board approved audited financial results for the quarter and year ended March 31, 2026, recommending a final dividend of 20% (₹2 per share). They also approved the issuance of non-convertible debentures up to ₹2,000 Crores on a private placement basis, subject to shareholder approval. Ms. Uzma Irfan was redesignated as Whole-Time Director for five years, effective May 21, 2026.