Announced Fri, 19 Jun · 17:37 IST
Dilutes 50% stake in Stellar Envision LLP via new partner
Strategic Transactions View source PDF
PRESTIGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹1500.80
prior close
₹1504.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4+0.4+0.0+0.5+2.8+3.8+3.1+4.1+11.3+12.6+11.1——
Up moveDown movePending
AI summary
Prestige Estates informed the exchange that it admitted a new partner into its wholly owned subsidiary Stellar Envision LLP, diluting its stake to 50%. The reconstituted LLP will undertake real estate projects in Bangalore. The LLP had nil other income and net worth of Rs 0.1 million as of March 2026. Consideration received was Rs 0.05 million. The new partner is unrelated to the promoter group.
Likely market impact
Minimal financial impact; small subsidiary with negligible net worth; brings in a partner for Bangalore real estate projects.