Prestige Group drops ₹2,700 cr IPO plan for hospitality arm, cites bad market conditions

· thehindubusinessline.com

Prestige Estates withdraws ₹2,700 crore PHVL IPO plan due to strategic reasons and uncertain market conditions.

Realty firm Prestige Estates has shelved plans to launch an initial public offering of its hotel business because of uncertain market conditions and other facto...


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