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

Puravankara's board has approved the financial results for the quarter ended June 30, 2025, reporting a consolidated net loss of Rs. 68.55 crore on revenue of Rs. 524.40 crore. The company is actively moving to dispose of its entire stake in subsidiary Sobha Puravankara Aviation Private Limited. Additionally, its wholly-owned subsidiary Purva Oak Private Limited successfully raised Rs. 210 crore through debentures. The board also appointed Ms. Amanda Joy Puravankara as a Whole-time Director and re-appointed Mr. Ravi Puravankara as Chairman & Whole-time Director, alongside two Independent Directors. These appointments await shareholder approval at the upcoming 39th Annual General Meeting, scheduled for September 29, 2025.