Puravankara raises Rs 150 crore through NCDs
The Management Sub-Committee of the Board of the Company had vide Circular Resolution dated February 13, 2026, approved allotment of the same
Puravankara has raised Rs 150 crore through the allotment of 1500 unlisted, unrated, senior, secured, redeemable, non-convertible debentures (NCDs) of face value of Rs 10,00,000 each, as Third tranche, by way of a private placement basis to identified investors. The Management Sub-Committee of the Board of the Company had vide Circular Resolution dated February 13, 2026, approved allotment of the same.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
