Promoters of Prestige Estates confirm no share encumbrance

PRESTIGE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.5%1-day move

₹1528.20

prior close

₹1498.00

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AI summary

Razack Family Trust, one of the promoters of Prestige Estates Projects, has filed a declaration under SEBI Regulation 31(4) confirming that the promoters and promoter group have not created any encumbrance, directly or indirectly, on the company shares. The disclosure was signed by Irfan Razack, Trustee, on April 9, 2026, and lists the promoter group members including Razack family individuals. This is a routine compliance filing indicating no new pledges or encumbrances on promoter-held shares.

Likely market impact

Routine compliance filing. No new pledges or encumbrances on promoter shares, which is neutral to slightly positive for shareholders.