Prestige Estates Publishes 29th AGM Notice Seeking Approval for ₹20,000 Crore NCD Issuance and FY26 Final Dividend

Prestige Estates Calls 29th Annual General Meeting for August 20

Prestige Estates Projects has published the notice for its 29th AGM in Business Standard and Prajavani on July 29, 2026. The meeting, scheduled for Thursday, August 20, 2026, at 11:30 A.M. at its registered office in Bangalore, will seek shareholder approval for a final dividend of ₹2 per equity share for FY26.

Shareholder Voting and Timeline

Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has enabled remote e-voting through Central Depository Services Limited (CDSL). The e-voting period opens on Monday, August 17, 2026, at 9:00 A.M. (IST) and closes on Wednesday, August 19, 2026, at 5:00 P.M. (IST). Shareholders holding shares as of the record date, August 13, 2026, are eligible to receive the payout, scheduled for distribution on or before September 18, 2026. Mr. Nagendra D. Rao, Practicing Company Secretary, has been appointed as the Scrutinizer to ensure a fair and transparent voting process.

Non-Convertible Debenture Issuance

In addition to the dividend, the meeting will address the issuance of non-convertible debentures (NCDs) aggregating up to ₹20,000,000,000 via private placement to optimize funding for project execution.

About Prestige Estates Projects

Prestige Group, founded 1986 in Bangalore, has delivered 300+ projects across 13 Indian cities spanning residential, commercial, retail and hospitality. The company is listed on the BSE and NSE as Prestige Estates Projects Limited and operates from Prestige Falcon Tower on Brunton Road, Bengaluru. CRISIL has consistently rated Prestige DA1+ — the highest developer grade in India and a rating no other Indian real-estate company currently holds. CRISIL reaffirmed the DA1+ rating in March 2026.