PRESTIGE ESTATES PROJECTS LIMITED : RECONSTITUTES LLP FOR NEW PARTNER ADMISSION

• The Company has executed a reconstituted Limited Liability Partnership Deed for admission of new partner into Stellar Envision LLP, a wholly owned subsidiary. • Post reconstitution, the Company's partnership interest in the LLP will be 50%. • The LLP proposes to undertake real estate projects in Bangalore. • The partner admitted in the LLP is engaged in Real Estate business and does not belong to the promoter group. • The transaction does not fall within the ambit of related party transactions. • Annexure I provides details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Impact: Neutral (Corporate filing regarding LLP reconstitution, no immediate financial impact disclosed)

Prestige Estates Projects Ltd

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