Main Disclosure – Disinvestment Details

Target Entity: Purva Ruby Properties Private Limited, a Wholly Owned Subsidiary (WOS) of the Company.

Percentage Stake Disinvested: 100% Paid-up equity shareholding.

Post-Transaction Holding: 0% (entire stake sold).

Counterparty/Buyer: Prishal Office Parks III Private Limited, a company owned by ICICI Prudential Office Yield Optimiser Fund – AIF II ("OYOF-II"), a category II Alternative Investment Fund managed by its investment manager, ICICI Prudential Asset Management Company Limited.

Mode of Consideration: Not explicitly stated, but the consideration is monetary (₹145 Crores).

Valuation or Price Basis: The estimated sale value is provided as ₹145,00,00,000/- (Rupees One Hundred and Forty-Five Crores only). A statutory valuation report is not explicitly mentioned.

Rationale for Disinvestment: Not explicitly stated in the document.

Impact on the Company: The turnover contributed by Purva Ruby Properties Private Limited to Puravankara Limited was ₹25,38,89,035/-, which is 1.06% of Puravankara's total turnover of ₹2399,01,37,354/-. The net worth of Purva Ruby Properties Private Limited is negative, so its contribution to the net worth of Puravankara Limited is Nil. The transaction is expected to generate cash inflow of approximately ₹145 Crores.

Business Profile of Target Entity: The specific sector or product details are not disclosed. The financial performance for the last financial year is provided: Turnover of ₹25,38,89,035 and a negative net worth.

Related Party Status: No. The buyers do not belong to the Promoter/Promoter Group/Group Companies.

Approvals Required: The transaction did not require shareholder approval under Section 180(1)(a) of the Companies Act, 2013, as Purva Ruby Properties Private Limited is not defined as an 'undertaking' under that section.

Indicative Timeline: The Share Purchase Agreement (SPA) was signed on June 30, 2026. The signing of all other connected transaction documents was completed on July 06, 2026. The entire process was completed within the 45-day timeline from the date of Board approval communicated earlier.

Other Updates

No other disclosures are present in the document.