Prestige Estates Projects Limited — Others, 29-04-2025: Giving guarantees/indemnity/ becoming a surety for third party
29-04-2025 | 08:03 pm
29-04-2025 | 08:03 pm
Prestige Estates Projects Limited is issuing a corporate guarantee for a loan facility of up to ₹750 Crores for its subsidiary, Prestige Falcon Mumbai Realty Private Limited. Although this guarantee represents a contingent liability, it currently has no immediate impact on the company's financials. This move underscores the company's support for its subsidiary and highlights its commitment to maintaining stability within its consolidated group operations.
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