Prestige Estates Projects Limited — Capital/Financing Update 2025

Jun 6, 2025

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June 06, 2025

	To
	The General Manager Dept. of Corporate Services National Stock Exchange of India Limited Bandra Kurla Complex Bandra (E) Mumbai-400051 NSE Scrip code: PRESTIGE	The Manager Dept of Corporate Services BSE Limited Floor 25, P J Towers Dalal Street Mumbai – 400 001 BSE Scrip code: 533274

Dear Sir/Madam,

Sub: Intimation of incorporation of a Joint Venture

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“ Listing Regulations ”), we wish to inform you that the Company has incorporated a Joint Venture (“ JV ”) named as ‘Canopy Living LLP’ on June 05, 2025.

In this regard, we hereby enclose the necessary details in Annexure A 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.

Thanking You,

Yours sincerely For Prestige Estates Projects Limited

VENKATARATHN Digitally signed by VENKATARATHNAIAH AIAH SETTY SETTY JEELAKUNTE JEELAKUNTE MANOJ KRISHNA MANOJ KRISHNA Date: 2025.06.06 18:17:25 +05'30' Manoj Krishna J V Company Secretary and Compliance Officer

Enclosed: a/a

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 Fax: +91 80 25591945 E-mail investors@prestigeconstructions.com www.prestigeconstructions.com CIN: L07010KA1997PLC022322

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1.	Name of the target entity, details in brief such as size, turnover etc.	Canopy Living LLP is incorporated as a JV of Prestige Estates Projects Limited (“the Company”) on June 05, 2025. LLPIN: ACO-9245 Total Contribution in the LLP by both the partners: INR 20,000/- Contribution in the LLP by the Company: INR 10,000/- Size/Turnover: Not Applicable (yet to commence its business operations)
2.	Whether the acquisition will fall within related party transaction(s) and whether promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	Canopy Living LLP has been incorporated as a JV of the Company and therefore is a related party of the Company. The Promoter/ Promoter Group/ Group Companies are not interested in the transaction.
3.	Industry to which the entity belongs to	Canopy Living LLP is incorporated to carry on business of real estate development.
4.	Objects and effects of acquisition	Canopy Living LLP is incorporated to carry on real estate development in Chennai, Tamil Nadu.
5.	Brief details of any governmental or regulatory approvals required for the acquisition	Not Applicable.
6.	Indicative time period for completion of the acquisition	Not Applicable.
7.	Consideration	The Company has contributed INR 10,000/- in cash towards obtaining 50% partnership interest in CanopyLivingLLP.
8.	Price at which shares would be subscribed	The Company has contributed INR 10,000/- to obtain 50% partnership interest in Canopy LivingLLP.
9.	Percentage of shareholding/ no. of shares acquired	50% partnership interest in Canopy Living LLP.

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 Fax: +91 80 25591945 E-mail investors@prestigeconstructions.com www.prestigeconstructions.com CIN: L07010KA1997PLC022322

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10.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief);	Canopy Living LLP is incorporated in India under the Limited Liability Partnership Act, 2008, to carry on the business of real estate development in the region of Chennai, Tamil Nadu. Date of Incorporation: June 05, 2025. Turnover History: Not Applicable. Canopy Living LLP is yet to commence its business operations.

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 Fax: +91 80 25591945 E-mail investors@prestigeconstructions.com www.prestigeconstructions.com CIN: L07010KA1997PLC022322