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Puravankara Limited forms Burgundyprime Realty for real estate development in India
19-Oct-2026, 05:24

Puravankara Limited announced the incorporation of a wholly-owned subsidiary, Burgundyprime Realty Private Limited, in India on October 19, 2026, according to a regulatory filing. The company subscribed to 9,999 equity shares of the new subsidiary at a face value of Rs 10 per share, totaling Rs 99,990, and will hold 100% of the shareholding. Burgundyprime Realty Private Limited will operate in the real estate development sector.