Realty firm Prestige Estates Projects has acquired 100 per cent of the equity share capital of Gloind Vintage Infra for an enterprise value of approximately Rs. 5.19 bn, according to a regulatory filing made on Tuesday. The acquisition was completed through the company’s subsidiary, Prestige Retail Ventures.

The transaction was carried out through an all-cash arrangement. Prestige Estates said the gross enterprise value was approximately Rs. 5.19 bn, while the purchase price for the equity shares was Rs. 0.5 mn. The filing did not disclose any additional financial terms for the transaction.

The acquisition was made from DSFF Series 2, a scheme of Dickey Special Situation Investment Trust, and Jasbir Singh. It was executed under a Securities Purchase Agreement dated 3 November 2026. The agreement provided the basis for the purchase of the entire equity share capital of Gloind Vintage Infra.

Following the acquisition, Gloind Vintage Infra has become a wholly owned step-down subsidiary of Prestige Estates. The holding has been established indirectly through Prestige Retail Ventures, which acquired the target company’s equity share capital on behalf of the group.

Prestige Estates will also indirectly own and control 100 per cent of Tarun Realtors, which is a subsidiary of Gloind Vintage Infra. The transaction therefore gives the real estate developer indirect ownership of both Gloind Vintage Infra and its subsidiary, subject to the structure outlined in the regulatory filing.

Prestige Estates Projects, which operates under the Prestige Group brand, is a real estate developer with a presence across major cities in India. The company’s portfolio includes developments across segments of the property market, while the latest transaction adds Gloind Vintage Infra and Tarun Realtors to its group structure. The filing described the acquisition as the purchase of the target’s complete equity interest.