Advent Hotels Inter.

** Shares of India's Advent Hotels International ADVO.NS rise 8.9% to 153 rupees, set for highest intraday rise since April 2026

** Co said on Friday that Prestige Estates Projects PREG.NS would acquire 50% equity share in Advent Convention and Hotels International, a unit of ADVO

** Prestige to invest 5.04 bln rupees ($52.91 million) for transaction

** More than 375,000 shares traded by 9:30 a.m. IST vs 30-day avg of 206,000 shares

** Stock down 31.6% YTD

($1 = 95.2500 Indian rupees)

(Reporting by Abhirami G in Bengaluru)

(([email protected]))

Advent Hotels International and its wholly‑owned subsidiary ACHIL have signed a definitive investment agreement with Prestige Estates Projects on 3 July 2026, under which Prestige will acquire a 50 per cent equity stake in ACHIL for ₹504 crore. The deal executes a framework agreement first disclosed in May 2025, after the Sahar land parcel was demerged from Valor Estate and transferred to ACHIL as the designated special‑purpose vehicle. Consequent to the transaction, ACHIL will cease to be a wholly‑owned subsidiary and become a 50:50 joint venture between Advent Hotels and Prestige Estates. The agreement is subject to customary terms and conditions, and the capital infusion is expected to fund the commercial development of the 21,978‑square‑metre plot.

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July 3 (Reuters) - Advent Hotels International Ltd ADVO.NS:

• EXECUTES INVESTMENT AGREEMENT WITH PRESTIGE ESTATES ON JULY 3, 2026

• PRESTIGE ESTATES TO BUY 50% STAKE IN ACHIL FOR 5.04 BILLION RUPEES

Source text: ID:nBSE3jz3q2

Further company coverage: ADVO.NS

(([email protected];))

March 5 (Reuters) - Advent Hotels International Ltd ADVO.NS:

• ADVENT HOTELS INTERNATIONAL - TO SEEK SHAREHOLDER NOD FOR SALE OF BAMBOO HOTELS SHARES TO VALOR ESTATE

Source text: ID:nBSE1hWtmB

Further company coverage: ADVO.NS

(([email protected];))