Prestige Falcon Realty Ventures Private Limited entered into agreements to acquire remaining 50% stake in Prestige (BKC) Realtors Private Limited from D B Realty Limited (BSE:533160) for INR 9.8 billion on May 29, 2023. The cash consideration shall be paid towards acquiring equity shares, redeemable optionally convertible cumulative preference shares and compulsorily convertible preference shares. The completion of purchase and transfer of all the securities shall take place on a date which is within 60 days from the date of delivery of the Conditions Precedent satisfaction notice, unless otherwise mutually agreed by parties.