PRESTIGE ESTATES PROJECTS LIMITED : RECONSTITUTES LLP WITH NEW PARTNER

• 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 and is done at arm's length. • Information as required under Regulation 30-Para A Schedule III of SEBI (LODR) Regulations, 2015 is enclosed. Impact: Neutral (Corporate filing regarding LLP reconstitution, no immediate financial impact stated)

Prestige Estates Projects Limited

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