PRESTIGE ESTATES: INDIA STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF GLOIND VINTAGE INFRA

• Prestige Retail Ventures Limited (PRVL), a wholly owned subsidiary of Prestige Estates Projects Limited, has acquired 100% of the equity share capital of Gloind Vintage Infra Private Limited (“Gloind”) • The acquisition was from DSFF Series 2, a scheme of Dickey Special Situation Investment Trust, and Mr. Jasbir Singh • Gloind has become a wholly owned step-down subsidiary of Prestige Estates Projects Limited • The transaction is not a related party transaction, and the promoter/promoter group do not have any interest in it • The acquisition is for an aggregate enterprise value of approximately ₹519 crores, with the purchase of equity shares at INR 5,00,000 • The transaction will be consummated on or prior to November 12, 2026

Prestige Estates Projects Limited

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