Prestige Estates Projects: Bombay High Court sets aside MahaREAT Order, Restores Project De-Registration and Promoter Change in Turf…

What happened

Prestige Estates Projects (PRESTIGE) filed a disclosure with the exchanges on 1 October 2026 at 11:33 AM titled "Bombay High Court sets aside MahaREAT Order, Restores Project De-Registration and Promoter Change in Turf View Projects in Mahalaxmi".

Company snapshot

Prestige Estates Projects is a mid-cap company in the Realty sector, with a market value of about ₹63,830 crore.

The stock last traded at ₹1,481.9, against a 52-week range of ₹1,090–₹1,805.2 (17.9% below the high).

Before this filing the shares had moved −5.6% over the month and −11.2% over three months. Average daily turnover over the last 20 sessions was about ₹74.85 crore.

Promoters held 60.94% at the end of Q1 FY27. Foreign institutions owned 13.27% and domestic institutions 23.51%.

What history shows

BCEIE's records show 1 previous litigation filing from the company since May 2026.

Market-wide, 529 litigation filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 35% rising.

Past reactions describe what happened before; they are not a forecast.

In the news

Recent coverage elsewhere (links open the original publisher):

• Prestige Estates expects ₹2,850 cr revenue from 2 new housing projects in Bengaluru — BusinessLine, 25 Sept 2026
• Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and... — Moneycontrol.com, 17 Sept 2026
• Prestige Estates Projects shares jump 3% as CCPIB invests ₹3,000 crore in hospitality unit — Upstox, 30 Sept 2026
• Prestige Estates launches 11.91-acre housing project in Bengaluru — realty.economictimes.indiatimes.com, 26 Sept 2026
• Prestige Estates Projects shares fall over 2% after hospitality arm calls off IPO plans — CNBC TV18, 28 Sept 2026

Source

• Exchange filing (PDF)