Puravankara Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Puravankara has announced a board meeting on August 8, 2025, where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue of Rs. 524.40 Cr, a notable drop from the previous year, swinging to a net loss of Rs. 67.68 Cr from a profit.

Key board decisions include appointing Ms. Amanda Joy Puravankara as Whole-time Director and re-appointing Chairman Mr. Ravi Puravankara and two Independent Directors. Strategic moves include starting the process to sell its entire stake in subsidiary Sobha Puravankara Aviation Private Limited, alongside updating its internal governance policies.