Key Corporate Moves: Prestige, GR Infraprojects & Amber India Update

📌 $PRESTIGE enters strategic partnership $PRESTIGE has signed an investment agreement to acquire a 50% stake in Advent Convention and Hotels International. This move aims to develop a prime commercial project on a 21,978 sq m land parcel at Sahar, Andheri, Mumbai. 📈 Project highlights: - Total leasable area: ~1.50 million sq ft - Gross Development Value: ~₹4,500 Cr - Investment infusion: up to ₹504 Cr ⚡ !GR Infraprojects achieves major milestone Wholly owned subsidiary GR Bandikui Jaipur Expressway has received the completion certificate for its 4-lane Greenfield expressway spur connecting Delhi-Vadodara Greenfield expressway near Bandikui to Jaipur, Rajasthan. 🚦 Key details: - Part of Bharatmala Pariyojana Phase-I - Completion certificate dated June 30, 2026 - Commercial operation effective from October 1, 2025 - Bid project cost: ₹1,368 Cr (excluding GST) ✅ $AMBER r India expands stake in IL JIN Electronics $AMBER’s material subsidiary IL JIN Electronics (India) has increased its equity in Ascent Circuits from 97.50% to 98.50% by acquiring an additional 1% stake for around ₹8 Cr on July 3, 2026. 🔍 These developments highlight ongoing strategic investments and infrastructure progress within key sectors, reflecting confidence in commercial real estate, road infrastructure, and electronics manufacturing. Investors should watch how these projects unfold amid evolving market dynamics.