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Prestige Estates approves Rs 2,000 crore debenture issuance; declares 20% dividend – Business Upturn

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Prestige Estates approves Rs 2,000 crore debenture issuance; declares 20% dividend – Business Upturn

Prestige Estates Projects Limited's board has approved the issuance of non-convertible debentures worth up to ₹2,000 crore on a private placement basis, subject to shareholder approval. The decision was made at a board meeting held on May 21, 2026. The company has also recommended a final dividend of 20 per cent (₹2 per share) for the financial year ended March…

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