Prestige Estates Projects Ltd issues 500 rated, listed, secured, redeemable, Debentures

In respect of issue of 500 rated, listed, secured, redeemable, Debentures of the company, the NCD Committee of Prestige Estates Projects Ltd has, at its meeting held on July 24, 2015, approved the issue and allotment of 500 rated, listed, secured, redeemable, non-convertible debentures of Rs. 1,00,00,000 (Rupees One Crore) each at par, pursuant to the provisions of Section 42, 71 and other applicable provisions, if any, of the Companies Act, 2013 and any other law for the time being in force, the guidelines issued by the Securities and Exchange Board of India ("SEBI"), the Listing Agreements entered into by the Company with the respective stock exchanges.

Shares of PRESTIGE ESTATES PROJECTS LTD. was last trading in BSE at Rs.217.2 as compared to the previous close of Rs. 223.2. The total number of shares traded during the day was 18861 in over 719 trades.

The stock hit an intraday high of Rs. 225.15 and intraday low of 216.5. The net turnover during the day was Rs. 4160233.

Source : Equity Bulls

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