business / news / / Free Press Journal
Prestige Estates has completed the acquisition of a 50 percent partnership interest in Aaramnagar Realty LLP.
Prestige Estates acquired a 50 percent stake in Aaramnagar Realty LLP on April 9, 2026.
KEY POINTS
- The company invested Rs 180 crore into the LLP to fund the Versova project development.
- Aaramnagar Realty LLP, incorporated in 2018, has reported nil turnover for the past three years.
- The acquisition is not a related party transaction and required no regulatory approvals.
COMPANIES
Summarized by Newsio from Free Press Journal. How we summarize →