Puravankara Limited — Updates, 07-01-2025: Press Release

Puravankara Limited has appointed Deepak Rastogi as the Group Chief Financial Officer, effective January 15, 2025. Mr. Rastogi brings over 30 years of experience in finance and strategic transformation, having held senior roles at Deepak Fertilisers and TATA Autocomp Systems. His expertise includes financial strategies, growth initiatives, and enterprise risk management, which are expected to enhance the company's operational efficiencies.

Neeraj Gautam, previously President - Finance, has been promoted to Deputy Chief Financial Officer. Managing Director Ashish Puravankara expressed enthusiasm about Mr. Rastogi's appointment, emphasizing his potential to support the company's expansion and drive ongoing success.

Puravankara has established a robust presence in the Indian real estate market, completing over 85 projects across nine cities, with a total land bank of approximately 29 million sq ft, complemented by ongoing projects totaling around 34 million sq ft. The company's strategic leadership and operational capabilities suggest a positive outlook for future growth.