Puravankara Limited — Others, 28-04-2025: Giving guarantees/indemnity/ becoming a surety for third party

Puravankara Limited has announced a board meeting to approve the issuance of Corporate Guarantees for its wholly owned subsidiaries, Provident Housing Limited and Purva Blue Home Ventures Private Limited. The guarantee for Provident Housing will increase from INR 550 Cr to INR 700 Cr for new non-convertible debentures, while the guarantee for Purva Blue Home Ventures will decrease from INR 600 Cr to INR 450 Cr. These adjustments are contingent liabilities and do not currently impact the company's financial position, highlighting ongoing financial management efforts to balance support for its subsidiaries.