Puravankara Ltd

The reappointment was approved by shareholders through postal ballot on 19 March 2026, following the Board of Directors' recommendation in its 12 February 2026 meeting. Ashish Ravi Puravankara has been steering Puravankara Limited's growth and expansion, identifying new opportunities, and ensuring high construction standards through innovative technologies. Under his leadership, the company launched Provident Housing and Purva Land and completed numerous residential and commercial projects across nine Indian cities, including Bengaluru, Mumbai, Pune, Goa, Hyderabad, Chennai, Kochi, Coimbatore, and Mangaluru. The company has also entered the Mumbai redevelopment market and continues to strengthen its presence in Western India. A recognized industry leader, Ashish has previously served as President of CREDAI Bengaluru and has received several accolades, including the Grohe Hurun India Residential Real Estate Developer Award 2023, Real Estate Person of the Year'South by Construction Week India (2023), Real Estate Thought Leader of the Year ' IBE 6th India Property Awards (2021), and Best MD of the Year ' CIA World Awards (2020). He holds a Bachelor of Science in Business from Virginia Polytechnic Institute and State University and an MBA from Willamette University, Salem, Oregon. Outside work, he is passionate about travel, adventure, and motorsports. Puravankara is engaged in the business of real estate development. The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26. Shares of Puravankara fell 1.05% to currently trade at Rs 179.90 on the BSE. Powered by Capital Market - Live

The guarantee has been issued to support the subsidiary's purchase of construction equipment and materials. The company clarified that the transaction is a contingent liability and currently has no financial impact on the standalone entity. It also stated that promoters or group companies do not have any interest in the transaction. In a separate development, another wholly owned arm, Purva Oak Private, has received registration approval from the Maharashtra Real Estate Regulatory Authority for launching Tower D in its existing residential project 'Purva Panorama'. The project is located in Kolshet, Thane (Maharashtra), and the newly approved tower will be part of the ongoing development. The MahaRERA registration number for the project is PR1333032502912. The updates reflect Puravankara's continued focus on supporting its subsidiaries' operations and expanding its residential project portfolio. Puravankara is engaged in the business of real estate development. The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26. Shares of Puravankara fell 2.45% to currently trade at Rs 185.50 on the BSE. Powered by Capital Market - Live

Starworth Infrastructure & Construction, a subsidiary of Puravankara, has received a Letter of Intent for the Construction of Ruby Block (Academic Block) Phase - I at Vellore Institute of Technology , Vellore Campus, Vellore - 632014 for the accepted value of Rs 280.35 crore excluding GST.Powered by Capital Market - Live

The order involves the construction of the Ruby Block (Academic Block) ' Phase I at VIT, Vellore, Tamil Nadu. The contract has been awarded by a domestic entity and is scheduled to be executed within 24 months. Structured as an item rate contract, the total accepted value stands at ₹280.35 crore, excluding GST. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding institution, and the contract does not qualify as a related party transaction. Puravankara is engaged in the business of real estate development. The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26. Shares of Puravankara fell 0.39% to Rs 179.10 on the BSE. Powered by Capital Market - Live

The proposed project is expected to cater to the growing residential demand in North Bengaluru, a region that has witnessed strong infrastructure development and improved connectivity in recent years. The company said the acquisition aligns with its strategic vision to expand its presence in key Bengaluru micro-markets that offer robust infrastructure, strong connectivity, and sustained housing demand. Hennur Road has emerged as one of the city's prominent residential corridors due to its proximity to major IT hubs, the international airport, and upcoming infrastructure projects, making it an attractive destination for homebuyers and investors. The development is part of Puravankara's broader strategy to strengthen its land bank and accelerate growth in high-potential urban markets. Ashish Puravankara, managing director (MD), Puravankara, said, 'Bengaluru continues to be one of India's most resilient and fastest-growing residential markets, supported by strong employment growth, infrastructure investments, and sustained housing demand. Within the city, North Bengaluru has emerged as a key growth corridor, driven by its proximity to Kempegowda International Airport, expanding tech parks, and improving connectivity. Hennur Road, in particular, has seen steady traction from homebuyers due to its access to employment hubs and welldeveloped social infrastructure. This joint development aligns with our strategy of expanding through assetlight partnerships in high-potential micro-markets while delivering thoughtfully designed homes that cater to evolving urban lifestyles.' Mallanna Sasalu, CEO - South, Puravankara, added, 'This project reflects our continued focus on expanding our presence across high-demand residential corridors in Bengaluru through capitalefficient partnerships. With steady demand in the micro-market, we are confident the project will see strong buyer interest. We expect to bring it to market within the next 6'12 months and believe it will further strengthen our Bengaluru portfolio. Earlier this year, we strengthened our Bengaluru growth pipeline through several strategic acquisitions. These include a 53.5-acre land parcel in Anekal Taluka, with a development potential of 6.4 million sq. ft. and an estimated GDV of over Rs 4,800 crore. We are also developing a 24.59-acre parcel at KIADB Hardware Park in North Bengaluru, in partnership with KVN Property Holdings LLP, with a development potential of 3.48 million sq. ft. and a GDV of over Rs 3,300 crore. In addition, we have undertaken a 5.5- acre joint development in Balagere, East Bengaluru, with a developable area of 0.85 million sq. ft. and a GDV of over Rs 1,000 crore.' Puravankara is engaged in the business of real estate development. The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26. Shares of Puravankara fell 4.81% to Rs 179.10 on the BSE. Powered by Capital Market - Live

Puravankara has entered into the joint development of a 4-acre land parcel on Hennur Road in Bengaluru, with an estimated gross development value (GDV) of over Rs 1,300 crore. The acquisition aligns with the company's strategic vision to expand its footprint in key Bengaluru micro-markets that offer robust infrastructure, strong connectivity, and sustained residential demand. The land parcel offers a total saleable area of approximately 0.84 million square feet. Located on Hennur Road in Bengaluru, the site benefits from steady demand, driven by its proximity to major tech parks and well-established social and physical infrastructure.Powered by Capital Market - Live

Puravankara announced the launch of Purva Silversky, a premium residential development in Hebbagodi, Electronic City, off Hosur Road, Bengaluru. Spread across approximately 6.99 acres, the project comprises 356 exclusive residences across three iconic 32-storey towers. The project Purva Silversky boasts nearly 88% open-to-sky spaces. It is positioned as a low-density development with just four residences per floor, offering enhanced privacy, openness, and elevated living. Strategically located in one of Bengaluru's most established technology corridors, Purva Silversky enjoys excellent connectivity to major IT hubs, corporate parks, educational institutions, healthcare facilities, and retail destinations. The project is located just about 900 metres from the Huskur Metro Station, ensuring seamless access to key parts of the city and proximity to over 15 IT parks within a 10-minute radius. The development features expansive 3, 4 & 5 BHK residences, along with select larger-format homes, with unit sizes ranging from approximately 1,864 sq ft to over 5,300 sq ft. Each residence is thoughtfully designed to maximise natural light, ventilation, and spatial efficiency, complemented by premium finishes and private decks that enhance the living experience. With 270-degree open views, the homes are planned to deliver a sense of space and visual openness rarely found in urban developments. Powered by Capital Market - Live

Spread across approximately 6.99 acres, the project comprises 356 exclusive residences across three 32-storey towers, with nearly 88% open-to-sky spaces. Positioned as a low-density development with just four units per floor, Purva Silversky promises enhanced privacy, openness, and elevated living experiences. Strategically located in one of Bengaluru's established technology corridors, the project offers seamless connectivity to major IT hubs, corporate parks, educational institutions, healthcare facilities, and retail destinations. It is situated about 900 metres from Huskur Metro Station and within a 10-minute radius of over 15 IT parks. The development features expansive 3, 4, and 5 BHK residences, along with select larger-format homes, with sizes ranging from 1,864 sq ft to over 5,300 sq ft. Each unit is designed to maximise natural light, ventilation, and spatial efficiency, complemented by premium finishes and private decks. The residences offer 270-degree open views, providing a sense of space and visual openness rarely seen in urban projects. Purva Silversky focuses on holistic wellbeing and community living, featuring a 17,700 sq ft clubhouse and more than 45 lifestyle amenities across a 1.7-acre elevated podium. The project also includes landscaped open spaces and a forest walkway with over 200 trees, catering to the wellness, leisure, and recreational needs of modern urban families. Puravankara is engaged in the business of real estate development. The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26. Shares of Puravankara fell 1.04% to Rs 232.50 on the BSE. Powered by Capital Market - Live

Net profit of Puravankara reported to Rs 59.94 crore in the quarter ended December 2025 as against net loss of Rs 92.41 crore during the previous quarter ended December 2024. Sales rose 236.08% to Rs 1069.31 crore in the quarter ended December 2025 as against Rs 318.17 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1069.31318.17 236 OPM %20.505.04 - PBDT89.19-110.73 LP PBT78.64-119.01 LP NP59.94-92.41 LP Powered by Capital Market - Live

Puravankara will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live