Prestige Estates Projects Limited has informed the Exchange regarding Outcome of Board Meeting held on May 21, 2026 for fund raising through NCDs.

Prestige Estates Projects reported audited standalone net profit of Rs 1,832 million for FY26 (vs Rs 1,865 million in FY25), a marginal 1.8% decline despite revenue from operations growing 42% to Rs 40,804 million. Consolidated revenue surged 72.6% to Rs 126,854 million with PBT jumping 127% to Rs 17,136 million. The Board approved issuance of NCDs up to Rs 2,000 crore on private placement basis, recommended final dividend of Rs 2 per share (20%), and redesignated Ms. Uzma Irfan as Whole-Time Director for 5 years. Auditors issued unmodified opinions with emphasis of matter on ongoing legal proceedings related to a real estate project and income tax search matters.