• SENSEX 81,592.45
    -318.56 (--0.39%)
  • BANKNIFTY 61,518.50
    726.10 (+1.19%)
Back

Corporate News

Prestige Estates Projects acquires Allure Developers for up to Rs 5,237.6 million
06-Nov-2026, 09:43

Prestige Estates Projects Limited announced on November 6, 2026, that it has acquired 100% of Allure Developers Private Limited, which was incorporated in 2013 and is engaged in real estate development, making it a wholly owned subsidiary. The acquisition, involving a cash consideration of up to Rs 5,237.6 million, will allow Prestige Estates Projects to develop a residential project in Sector 150, Noida, Uttar Pradesh, and Allure’s turnover for the year ended March 31, 2026, was Rs 1.23 million.