Acquisition

Date: July 3, 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 and further to our intimation dated May 29, 2025, we wish to inform you that Prestige Estates Projects Limited (“the Company”) has entered into an investment agreement on July 3, 2026 to acquire 50% stake in Advent Convention and Hotels International Limited. Advent Convention and Hotels International Limited is undertaking development of a commercial project in Mumbai. 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 Manoj Krishna JV Company Secretary and Compliance Officer 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 Advent Convention and Hotels International in brief such as size, turnover etc. Limited is a Public Limited Company, incorporated in 2024 and is into business of real estate development. Turnover of the target entity for the year ended March 31, 2026, is Nil 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 commercial project on lands admeasuring to 21,978.22 sq. mts. located at Sahar, Village – Andheri, Taluka – Andheri East, District – Mumbai Suburban District. The Project entails a total leasable area of approx. 1.50 million sq. ft. and has a Gross Development Value of approx. Rs. 4,500 Crores. 5. Brief details of any governmental NA or regulatory approvals required 6. Indicative time period for To be completed within 45 days from the date of completion of the acquisition the agreement unless otherwise mutually agreed by parties. 7. Nature of consideration Cash Consideration 8. Price at which shares would be The Company and /or its wholly owned subscribed subsidiary will infuse an amount of upto Rs. 504 crores for the acquisition. 9. Percentage of shareholding/ no. 50% stake in Advent Convention and Hotels of shares acquired International Limited 10. Brief background about the entity Advent Convention and Hotels International acquired in terms of products/line Limited is a Public Limited Company, of business acquired, date of incorporated in 2024 and is into business of real incorporation, history of last 3 estate development. years turnover, country in which the acquired entity has presence Its Turnover during the last 3 years is as below: and any other significant FY 2025-26: Nil information (in brief); FY 2024-25: Nil 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