Puravankara Limited — Others, 16-05-2025: Appointment

Puravankara Limited has announced a board meeting in which it approved raising up to INR 300 Cr via private placement of 3,000 secured, redeemable, unlisted, unrated non-convertible debentures with a 60-month tenure. Additionally, Mr. Mallanna Sasalu has been appointed CEO – South, bringing over 32 years of experience in real estate and architecture. His proven success in scaling Provident Housing, Puravankara’s key subsidiary, is expected to boost the company’s regional operations and growth prospects.