Corporate News

09-Oct-2026, 06:53

Puravankara Limited announced the allotment of 250 unlisted, unrated, senior, secured, redeemable, non-convertible debentures with a face value of Rs 10,00,000 each, aggregating to Rs 25,00,00,000, as the fourth and final tranche of a private placement, according to a filing with the BSE Limited and National Stock Exchange of India Limited on October 9, 2026. The allotment is part of a larger fund-raising initiative approved in May 2025, which authorized the issuance of non-convertible debentures up to an amount of Rs 300,00,00,000. The debentures have a tenure until June 18, 2030.