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

Puravankara Limited has announced a board meeting and approved raising up to ₹300 Cr through secured, redeemable, non-convertible debentures via private placement to support ongoing business needs over five years. The company also appointed Mr. Mallanna Sasalu as CEO – South. With 32+ years in real estate, engineering, and architecture, including leadership at Provident Housing, he is expected to drive strategic growth and strengthen operations in the southern market.