Intimation for acquisition of 100% stake in Allure Developers Private Limited

Date: November 6, 2026 The General Manager The Manager Dept. of Corporate Services Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex Floor 25, P J Towers Bandra (E) Mumbai-400051 Dalal Street, Mumbai – 400 001 NSE Scrip code: PRESTIGE BSE Scrip code: 533274 Dear Sir / Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Prestige Estates Projects Limited (“the Company”) has entered into Share Purchase Agreement on November 6, 2026 to acquire 100% stake in Allure Developers Private Limited (“Allure”). With this acquisition, Allure has become a wholly owned subsidiary of the Company. Allure is undertaking development of a residential project in Noida, NCR. In this regard, we hereby enclose the necessary details in Annexure I as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular No. No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This is for your information and records. Yours faithfully, For Prestige Estates Projects Limited Irfan Razack Chairman and Managing Director Enclosed: As above Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322 Annexure - l Information as required under Regulation 30-Para A Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 are as follows: 1. Name of the target entity, details Allure Developers Private Limited is a Private in brief such as size, turnover etc. Limited Company, incorporated in 2013 and is into business of real estate development. Turnover of the target entity for the year ended March 31, 2026, is INR 1.23 Million 2. Whether the acquisition will fall Nil. within related party transaction(s) and whether promoter/ promoter The promoter/promoter group of the Company group have any interest in the have no interest in this transaction. transaction 3. Industry to which the entity Real Estate Development belongs to 4. Objects and effects of acquisition To develop a residential project at Sector 150 NOIDA, Uttar Pradesh. 5. Brief details of any governmental NA or regulatory approvals required 6. Indicative time period for The transaction will be consummated on or completion of the acquisition before 7 working days. 7. Nature of consideration Cash Consideration 8. Price at which shares would be The Company will pay consideration in tranches subscribed of upto INR 5,237.6 million 9. Percentage of shareholding/ no. 100% stake in Allure Developers Private Limited of shares acquired 10. Brief background about the entity Allure Developers Private Limited is a Private acquired in terms of products/line Limited Company, incorporated in 2013 and is of business acquired, date of into business of real estate development. incorporation, history of last 3 years turnover, country in which Its Turnover during the last 3 years is as below: the acquired entity has presence FY 2025-26: INR 1.23 Million and any other significant FY 2024-25: INR 0.1 Million information (in brief); FY 2023-24: INR 0.1 Million Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322