Prestige Estates Projects to sell 51% in Prestige RMZ Star Tech

Prestige Estates Projects Limited ("Company") has signed definitive documents with CPP Investment Board Private Holdings (4) Inc., an affiliate of Canada Pension Plan Investment Board for investing in, and / or acquiring 51% of the rights and interest held by the Company in Prestige RMZ Star Tech ("Target Asset") which has Commercial project viz., Prestige RMZ Star Tech situated at Municipal No.140, Koramangala, Industrial Area, Bengaluru.

Shares of Prestige Estates Projects Limited was last trading in BSE at Rs. 474.80 as compared to the previous close of Rs. 461.60. The total number of shares traded during the day was 32894 in over 1148 trades.

The stock hit an intraday high of Rs. 477.40 and intraday low of 464.00. The net turnover during the day was Rs. 15529539.00.

Source : Equity Bulls

Keywords

PrestigeEstatesProjects INE811K01011 CPPInvestmentBoard PrestigeRMZStarTech