Prestige Estates Projects directly and through its wholly owned subsidiary has acquired 40% partnership interest in Apex Realty Ventures LLP (target entity). With this acquisition, the LLP has now become wholly owned subsidiary of the Company.
The company is holding 60% partnership interest in the target entity and post this acquisition, the company with its wholly owned subsidiary will hold, directly and indirectly, 100% partnership interest.
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 | 873.70 |
| Dilip Buildcon | 455.15 |
| DLF | 589.70 |
| Oberoi Realty | 1712.60 |
| Ahluwalia Contract(I | 825.75 |
| View more.. | |
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