Puravankara Limited — Others, 08-08-2025: Appointment

The company's board has approved the financial results for the quarter, reporting a consolidated net loss of 68.55 Cr and standalone net loss of 68.15 Cr. The company has strengthened its leadership by appointing Ms. Amanda Joy Puravankara as a Whole-time Director and re-appointing Mr. Ravi Puravankara as Chairman and Whole-time Director, alongside two Independent Directors. In a strategic move, due diligence is underway to dispose of its entire stake in Sobha Puravankara Aviation Private Limited, which could streamline operations. The board also reconstituted key committees and amended internal governance codes, aiming to enhance compliance and operational oversight.