Prestige Estates Projects Limited — Others, 10-07-2025: Giving guarantees/indemnity/ becoming a surety for third party

Prestige Estates Projects Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has issued a corporate guarantee of up to INR 450 crore to secure a term loan facility availed by its joint venture, Thomsun Realtors Private Limited. The promoters have no interest in this transaction, which is conducted at arm’s length. This guarantee represents a contingent liability for Prestige Estates but currently has no impact on its financial position.