Prestige Estates Projects Limited has informed the Exchange regarding Resignation of Mr. T. Arvind Pai as Executive Director - Legal of the company w.e.f. May 26, 2025.
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Prestige Estates Projects Limited has informed the stock exchange that Mr. T. Arvind Pai has resigned from his position as Executive Director - Legal of the company, effective May 26, 2025. The announcement is a procedural disclosure required under listing norms for changes in key managerial personnel. No reason for the resignation has been disclosed in the filing, and no replacement has been announced yet. The company has not provided further details on whether his responsibilities will be redistributed internally or filled externally.
This is a routine KMP-level exit from the legal function and is unlikely to have a meaningful impact on the stock price. Shareholders should watch for any subsequent announcement regarding the appointment of a replacement to ensure continuity in legal and compliance matters.