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Prestige Estates Projects Limited ( (IN:PRESTIGE) ) has issued an update.
Prestige Estates Projects Limited has incorporated a new wholly owned subsidiary, Orange Grove Lands Private Limited, to undertake real estate development activities. The subsidiary, formed on 9 January 2026 with an authorised capital of Rs 10 lakh and paid-up capital of Rs 1 lakh, is intended to support Prestige’s growth strategy in property development, with the parent company subscribing in cash to 100% of its equity share capital.
More about Prestige Estates Projects Limited
Prestige Estates Projects Limited is a Bengaluru-based real estate developer engaged in property development and related activities, with a focus on residential, commercial and mixed-use projects in India.
Average Trading Volume: 18,094
Technical Sentiment Signal: Buy
Current Market Cap: 697.2B INR
For a thorough assessment of PRESTIGE stock, go to TipRanks’ Stock Analysis page.