Prestige Estates Projects533274Real estate, hospitality
Prestige Estates Projects shares surged after its hospitality arm Prestige Hospitality Ventures raised 3,000 crore rupees from the Canada Pension Plan Investment Board via a 27% stake sale
- Funds raised by hospitality arm
- 3000 crore rupees
- Stake sold to CPPIB
- 27 percent
- Hospitality platform valuation
- 11100 crore rupees
Heard on Live TV News Channel between 16:18:29 - 16:21:29 IST.
- Prestige Hospitality Ventures raised 3,000 crore rupees from Canada Pension Plan Investment Board through a 27% stake sale.
- The deal values the hospitality platform at around 11,100 crore rupees.
- Prestige Estates Projects shares surged on the news.
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Source: Live TV News Channel · 30 Sep 2026
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