Prestige Estates Projects Limited has entered into a definitive agreement with Bangalore Metro Rail Corporation Limited (BMRCL) to adopt and co-brand Bellandur Metro Station, marking a significant milestone in public-private partnership for urban infrastructure development in Bengaluru.

Investment and Partnership Structure

Under the comprehensive agreement announced on February 21, 2026, Prestige Beta Projects Private Limited will invest Rs 115 Cr (excluding GST) towards station upgradation, enhancement, infrastructure support, and long-term partnership rights over a 30-year concession period. The station will be rebranded as "Prestige Bellandur Metro Station" throughout the partnership duration.

Strategic Location and Market Position

Bellandur Metro Station is strategically positioned on the 17 km ORR Metro Corridor connecting Silk Board to KR Puram. The station sits at the heart of India's largest office micro-market, serving thousands of professionals daily and providing crucial connectivity to the bustling Outer Ring Road business district.

Infrastructure Enhancement and Standards

Prestige Group has committed to transforming Bellandur into the best metro station in the city through comprehensive upgrades. The company will undertake interior improvements, finishing works, and station enhancements aligned with global metro standards and IGBC green building benchmarks. This approach reinforces Bengaluru's commitment to integrated, sustainable urban infrastructure development.

Leadership Perspective

Juggy Marwaha, CEO & Executive Director of Prestige Group – Office, emphasized the community-focused nature of the initiative: "This is our way of giving back to the city — by strengthening mobility where India works and helping our future occupiers of Prestige Lakeshore Drive experience convenience, comfort, and seamless connectivity to one of the largest office parks coming up on the ORR."

Public-Private Partnership Model

This collaboration represents a progressive Public-Private Partnership (PPP) model that combines infrastructure development with private sector participation. The partnership aims to deliver seamless multi-modal connectivity for Bengaluru's citizens and the ORR workforce, demonstrating how private investment can enhance public transportation infrastructure.

The agreement reinforces Prestige Group's commitment to building integrated urban ecosystems where work, transit, and community converge, extending beyond traditional office campus development to comprehensive urban infrastructure enhancement.

Source: None/Company/INE811K01011/5ae2cb69-16a6-4761-a05f-4c265b8d3c20.pdf

Prestige Estates Projects Limited has issued a corporate guarantee of up to ₹450 crores to secure a loan facility for its subsidiary company. The disclosure was made to stock exchanges on February 19, 2026, in compliance with regulatory requirements under SEBI Listing Regulations.

Corporate Guarantee Details

The company has provided the guarantee for a loan being availed by Prestige Projects Private Limited, its subsidiary. The facility details are structured as follows:

Regulatory Compliance and Terms

The corporate guarantee has been issued in accordance with applicable regulatory frameworks. Key compliance aspects include:

• Transaction conducted on arm's length basis
• Compliance with Companies Act, 2013 provisions
• Adherence to SEBI Listing Regulations requirements
• No promoter or promoter group interest in the transaction

Financial Impact Assessment

The company has clarified the financial implications of this guarantee arrangement. The guarantee represents a contingent liability for Prestige Estates Projects Limited, as it secures the loan facility for its subsidiary company.

Disclosure Requirements

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details as required under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026.

The guarantee arrangement reflects standard corporate practice for supporting subsidiary financing requirements within the group structure. The transaction maintains transparency through proper regulatory disclosure while ensuring compliance with all applicable legal and regulatory frameworks.