NSEDiversification/Disinvestment19 Jun 2026 · 19 Jun 2026, 05:37 pm

Diversification/Disinvestment

Prestige Estates Projects Limited · PRESTIGE

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Prestige Estates Projects Limited announced a partial disinvestment of its interest in Stellar Envision LLP, previously a wholly-owned subsidiary. On June 19, 2026, the company executed a reconstituted Limited Liability Partnership Deed to admit a new partner. As a result, Prestige's partnership interest in Stellar Envision LLP will reduce from 100% to 50%. This move establishes a joint venture structure for the LLP, which undertakes real estate projects in Bangalore, potentially sharing investment and risks for future ventures.

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Prestige Estates Projects Limited has informed the Exchange about Disinvestment of partnership interest in Stellar Envision LLP.

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PRESTIGE_19062026173639_Intimation_-_Disposal_of_partnership_interest.pdf

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Date: June 19, 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 that on June 19, 2026, Prestige Estates Projects Limited (“the Company”) has executed a reconstituted Limited Liability Partnership Deed for admission of new partner into Stellar Envision LLP (“LLP”), wholly owned subsidiary. Pursuant to this reconstitution, the Company's partnership interest in the LLP will be 50%. The LLP proposes to undertake real estate projects in Bangalore. 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. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. 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 Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 Annexure – I 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. The amount and percentage of the i. Other Income: Nil as on 31 March 2026 turnover or revenue or income and ii. Net Worth: Rs. 0.1 million as on 31 March 2026 net worth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year 2. Date on which the agreement for sale June 19, 2026 has been entered into 3. The expected date of completion of June 19, 2026 sale/disposal 4. Consideration received from such Rs. 0.05 million sale/disposal 5. Brief details of buyers and whether The partner admitted in the LLP is engaged in Real any of the buyers belong to the Estate business. promoter/ promoter group/group companies. They do not belong to the promoter / promoter group / group companies. If yes, details thereof 6. whether the transaction would fall No, the transaction does not fall within the ambit of within related party transactions? related party transactions. If yes, whether the same is done at “ arm’s length” 7. whether the sale, lease or disposal of Not applicable. the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations 8. Additionally, in case of a slump sale, Not applicable. indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322