Prestige Estates Incorporates TPCM Educare LLP as Step-Down Subsidiary

Prestige Estates Projects Limited has announced the incorporation of TPCM Educare LLP as a step-down subsidiary, effective January 24, 2026. The contribution by Prestige Estates in the LLP is INR 74,800. TPCM Educare LLP will focus on real estate development, leasing, and allied activities. The incorporation will allow Prestige Estates to expand its business operations.

TPCM Educare LLP Incorporation

Prestige Estates Projects Limited has incorporated TPCM Educare LLP as a step-down subsidiary, effective January 24, 2026. The LLP Identification Number (LLPIN) for TPCM Educare LLP is ACU-6888. This strategic move is aimed at further expanding Prestige Estates’ footprint in the real estate sector.

Financial Contribution

The total contribution to TPCM Educare LLP by both partners is INR 100,000. Prestige Estates Projects Limited’s contribution amounts to INR 74,800, representing 74.80% of the partnership interest. This financial commitment underscores Prestige Estates’ confidence in the potential of this new venture.

Business Focus

TPCM Educare LLP will primarily focus on real estate development, leasing, and allied activities. This strategic alignment with Prestige Estates’ core business areas is expected to create synergies and drive further growth for the company. The establishment of this subsidiary is a significant step in Prestige Estates’ continued expansion and diversification efforts.

Additional Details

TPCM Educare LLP is incorporated in India under the Limited Liability Partnership Act, 2008, with the goal of engaging in real estate development. As of January 24, 2026, TPCM Educare LLP has not yet commenced its business operations, so no turnover history is available.

Source: BSE

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