Puravankara Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting

Puravankara Limited has announced a board meeting outcome with two major updates. The company plans to raise up to INR 300 Cr through secured, redeemable, unlisted non-convertible debentures via private placement to strengthen its funds. Additionally, Mr. Mallanna Sasalu has been appointed as CEO – South. With 32 years in real estate and a Harvard Business School background, he has been instrumental in scaling Provident Housing Ltd., enhancing leadership and regional execution ahead.