Acquiring Company
Prestige Estates Projects Ltd
Acquired Company
Gloind Vintage Infra Pvt Ltd
IndiaIndiaReal EstateDescription
Prestige Estates Projects Ltd said on Tuesday that its subsidiary Prestige Retail Ventures acquired 100 per cent equity of Gloind Vintage Infra for an enterprise value of Rs 519 crore, in an all-cash deal. The shares were bought from DSFF Series 2, a scheme of Dickey Special Situation Investment Trust, and Jasbir Singh under a Securities Purchase Agreement dated November 3, 2026. Upon completion, Gloind becomes a wholly owned step-down subsidiary and Prestige indirectly controls 100 per cent of Tarun Realtors.
Who to call at Prestige Estates Projects Ltd, and when
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Frequently asked
Who acquired Gloind Vintage Infra Pvt Ltd?
Gloind Vintage Infra Pvt Ltd was acquired by Prestige Estates Projects Ltd, based in India. The deal was reported on November 3, 2026. Prestige Estates Projects Ltd is a realty firm and one of the leading real estate developers in India. It has a presence across major cities in the country. Prestige Estates Projects Ltd is privately held and operates in Real Estate.
When did Prestige Estates Projects Ltd acquire Gloind Vintage Infra Pvt Ltd?
Prestige Estates Projects Ltd's acquisition of Gloind Vintage Infra Pvt Ltd was reported on November 3, 2026. Prestige Estates Projects Ltd said on Tuesday that its subsidiary Prestige Retail Ventures acquired 100 per cent equity of Gloind Vintage Infra for an enterprise value of Rs 519 crore, in an all-cash deal. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gloind Vintage Infra Pvt Ltd do?
Gloind Vintage Infra Pvt Ltd is an Indian company that holds Tarun Realtors as a subsidiary. It has become a wholly owned step-down subsidiary of Prestige Estates following the deal. It is privately held, and is based in India.
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