Puravankara Limited disclosed providing a corporate guarantee of ₹196 crore for its wholly-owned subsidiary Purvaland Private Limited.
The guarantee supports the issuance of Non-Convertible Debentures (NCDs) by the subsidiary, with Vistra ITCL (India) Limited as debenture trustee.
The company stated this is a contingent liability with no current financial impact, as the subsidiary is part of its consolidated group.
This disclosure was made pursuant to SEBI Listing Regulations and Master Circular requirements for corporate guarantees.