Acquisitions29 Mar 2025, 01:17 am
Prestige Estates Projects Ltd Acquires 37.24% Stake in Prestige Vaishnaoi Projects Joint Venture
AI Summary
Prestige Estates Projects Ltd has announced the reconstitution of Prestige Vaishnaoi Projects, a joint venture. The company is now admitted as a partner in PVP, holding 37.24% partnership interest. This restructuring does not dilute the existing joint control and the company will now directly own 37.24% interest in Prestige Vaishnaoi Projects.
Key Highlights
- Prestige Estates Projects Ltd acquires 37.24% stake in Prestige Vaishnaoi Projects
- Company is now a partner in the joint venture
- No dilution in existing joint control
- Company to directly own 37.24% interest in Prestige Vaishnaoi Projects