Prestige Estates Projects’ wholly owned subsidiary-- Prestige Hospitality Ventures has executed agreement for acquiring 42.55% equity stake in Prestige Leisure Resorts, subsidiary Company. With this acquisition, Prestige Leisure Resorts will become a wholly owned Step-Down subsidiary of the Company. The said acquisition is expected to be completed by February 28, 2025 or such other date as the company and Seller may mutually agree. Cost of acquisition is Rs 98.29 crore.
Prestige Estates Projects is the flagship company of the Prestige Group. Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.
| Company Name | CMP |
|---|---|
| Lodha Developers | 856.15 |
| Dilip Buildcon | 455.10 |
| DLF | 592.60 |
| Oberoi Realty | 1707.70 |
| Ahluwalia Contract(I | 887.10 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: