Prestige Estates Projects Ltd., a Bengaluru-based real estate company, informed the Bombay Stock Exchange (BSE) on Friday that it will be exploring ways and means to restructure its lines of business.
The decision, taken at the company’s board meeting on Thursday, was communicated in a regulatory filing to the BSE.
“Prestige Estates Projects Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 11, 2016, inter alia, has discussed the merits and business case for exploring a restructuring exercise of the business of the Prestige Group along streamlined verticals, namely Office, Residential, Retail, Hospitality and Property Management and other Services verticals, to leverage the strengths of eac…
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