Prestige Estates Projects Limited has informed the Exchange about change in Designation of Ms. Uzma Irfan to whole time director of the Company
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Prestige Estates Projects Limited's Board of Directors has approved the redesignation of Ms. Uzma Irfan (DIN: 01216604) as Whole-Time Director for a period of 5 years from May 21, 2026 to May 20, 2031. She is related to Chairman & Managing Director Mr. Irfan Razack, Joint Managing Director Mr. Rezwan Razack, and Whole-Time Director Mr. Noaman Razack. Ms. Irfan has been serving as Director of Corporate Communications at Prestige Group. The redesignation is subject to shareholder approval. Alongside this, the Board also approved audited financial results showing standalone net profit of Rs. 1,832 million for FY26, recommended final dividend of Rs. 2 per share, and approved issuance of NCDs up to Rs. 2,000 crore.
This is an internal promotion within the promoter family and does not materially impact the stock. The redesignation strengthens the family's control over the Board, which investors tracking governance may monitor.