Prestige Estates Projects has announced the launch of two new subsidiary units as part of its strategic expansion in the real estate development sector. The company has introduced Stellar Builder Dynamics LLP and Stellar Envision LLP, both dedicated to focusing on real estate development activities.

New Subsidiary Details

The newly formed entities represent a significant organizational development for the real estate developer. Both subsidiaries have been specifically structured to enhance the company's development capabilities and operational reach in the market.

Strategic Expansion

The introduction of these two specialized units demonstrates Prestige Estates Projects' commitment to expanding its development portfolio through dedicated subsidiary structures. Stellar Builder Dynamics LLP and Stellar Envision LLP will operate as focused entities within the company's broader real estate development framework.

Implementation Timeline

Both subsidiaries are scheduled to begin their operations from January 8, 2026. This timeline provides the company with adequate preparation period to establish the necessary infrastructure and operational frameworks for the new entities before they commence their real estate development activities.

Prestige estates projects Limited has incorporated two new wholly owned subsidiaries to expand its real estate development capabilities. The company announced on January 9, 2026, that both Stellar Builder Dynamics LLP and Stellar Envision LLP were incorporated on January 8, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Subsidiary Details

Both subsidiaries have been established as Limited Liability Partnerships under the Limited Liability Partnership Act, 2008, specifically to carry on real estate development business. The entities are incorporated in India and are yet to commence their business operations.

Financial Structure and Investment

The company has made identical financial commitments to both subsidiaries. Each entity received a total contribution of ₹1.00 lakh from the partners, with Prestige Estates Projects Limited and its subsidiary contributing the entire ₹1.00 lakh for complete ownership control.

Regulatory Compliance

The incorporation falls under related party transactions as both LLPs are wholly owned subsidiaries of the company. However, the promoter, promoter group, and group companies have no interest in these transactions. No governmental or regulatory approvals were required for the incorporation, and no specific time period for completion was applicable since the entities have already been established.

Business Operations

Both Stellar Builder Dynamics LLP and Stellar Envision LLP are positioned to carry on real estate development activities. As newly incorporated entities, neither subsidiary has any turnover history, and both are yet to commence their business operations. The subsidiaries will operate within India's real estate development sector.

Corporate Structure Impact

The establishment of these subsidiaries strengthens Prestige Estates Projects Limited's corporate structure for real estate development activities. Both entities are classified as related parties of the company due to their wholly owned subsidiary status, ensuring complete operational control and strategic alignment with the parent company's objectives.