PRESTIGE ESTATES PROJECTS LTD.

Prestige Estates Projects Ltd has executed a Binding Framework Agreement with CPP Investment Board Private Holdings (4) Inc. (CPPIB) for an investment of up to ₹3,000 crore in its wholly-owned subsidiary, Prestige Hospitality Ventures Limited (PHVL). CPPIB will acquire up to 28% stake in PHVL through multiple tranches, via a combination of primary and secondary investments. The transaction is subject to due diligence, definitive document execution, and necessary approvals. PHVL is a subsidiary of Prestige Estates, which reported consolidated revenue of ₹131,955 million and standalone revenue of ₹3,458.96 million in the last financial year. CPPIB is a Canadian investment management organization and is not related to Prestige Estates' promoters.

Prestige Group has entered a strategic partnership to develop a landmark residential project in Thane, Mumbai Metropolitan Region (MMR). The project spans approximately 14.6 acres with an estimated Gross Development Value (GDV) of ₹6,000 crore and a developable potential of over 5 million square feet. Located near Kolshet–Balkum Road, the development will offer a mix of residences and retail, catering to diverse homebuyers and creating a convenient live-work-shop environment. This initiative marks a significant expansion for Prestige Group in the dynamic Thane market, leveraging robust infrastructure development and sustained housing demand. The collaboration combines Prestige's extensive experience with a local developer's market knowledge, aiming to set new benchmarks for integrated urban living. The project will be developed in phases, subject to regulatory approvals.

Prestige Estates Projects Ltd has received a Monitoring Agency Report from ICRA Limited for the quarter ended June 30, 2026. The report confirms that the utilization of proceeds from the Qualified Institutional Placement (QIP) issue is in line with the stated objects, with no material deviation. As of the quarter's closure, the QIP proceeds, amounting to INR 5000.00 Crore (Gross) and INR 4899.17 Crore (Net after revised expenses), have been fully utilized. The report also clarifies that it does not constitute a commentary on the quality or appropriateness of the spending.

Prestige Estates Projects Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on July 29, 2026. The company submitted the financial results along with limited review reports from its independent auditors, S.R. Batliboi & Associates LLP. The results cover the company and 31 partnership entities, with a note highlighting ongoing legal proceedings and income tax search matters.

Prestige Estates Projects Ltd announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board of Directors met on July 29, 2026, to review and approve these results, along with the accompanying Limited Review Reports. The company's management is responsible for the preparation of these financial statements in accordance with Indian Accounting Standards.

Prestige Estates Projects Ltd has announced August 13, 2026, as the record date for determining shareholder eligibility for a final dividend of ₹2 per equity share. This dividend is for the financial year 2025-26 and was recommended by the Board of Directors on May 21, 2026. Shareholders will receive the dividend, subject to approval at the Annual General Meeting scheduled for August 20, 2026. The payment, if approved, will be made on or before September 18, 2026, after deduction of applicable taxes.

Prestige Estates Projects Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. This report, which forms part of the Integrated Annual Report, details the company's performance across environmental, social, and governance (ESG) parameters. It includes disclosures on management processes related to NGRBC Principles and indicator-wise data mapped to these principles. The company has also included an Independent Practitioner's Reasonable Assurance Report on the identified sustainability information, specifically focusing on BRSR Core indicators for the year ended March 31, 2026, based on SEBI's guidelines.

Prestige Estates Projects Ltd has submitted its Integrated Annual Report for the Financial Year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report is being sent electronically to members with registered email addresses and a web-link is provided to others. The report details the company's performance, business spectrum across residential, commercial, retail, and hospitality, its value creation engine, governance, sustainability efforts, and financial statements. The theme for the report is 'Beyond Every Summit Lies a New Horizon', reflecting on achievements and future growth ambitions.

Prestige Estates Projects Ltd has announced its 29th Annual General Meeting (AGM) will be held on Thursday, August 20, 2026, at its registered office in Bangalore. Key agenda items include the adoption of audited standalone and consolidated financial statements for the Financial Year ended March 31, 2026, and the declaration of a final dividend of ₹2 per equity share. The meeting will also address the ratification of remuneration for the Cost Auditor for FY 2026-2027 and the re-designation of Ms. Uzma Irfan as Whole-time Director. Shareholders of record as of August 13, 2026, are eligible to vote, with e-voting available from August 17 to August 19, 2026.

Prestige Estates Projects Ltd has announced a Board of Directors meeting scheduled for July 29, 2026. The primary agenda is to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company has also informed about the closure of the trading window from July 1, 2026, to July 31, 2026, in compliance with SEBI regulations. Following the results announcement, an investor/analyst call is scheduled for July 30, 2026, to discuss the financial performance and business outlook.