Puravankara Limited has provided an additional Corporate Guarantee to its wholly owned subsidiary, Starworth Infrastructure & Construction Limited. The guarantee is for an amount of ₹25,00,00,000 (Rupees Twenty-Five Crores Only) and has been issued in favour of Axis Bank Limited.
The purpose of this guarantee is to enhance credit facilities for Starworth Infrastructure & Construction Limited towards the purchase of construction equipment and materials. This disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023, and last updated on January 30, 2026.
This intimation is a continuation of a previous disclosure made on December 19, 2026. The company has confirmed that promoter/promoter group/group companies do not have any interest in this transaction, which is conducted at arm's length. Only Starworth Infrastructure & Construction Limited is interested in this transaction.
The corporate guarantee represents a contingent liability for Puravankara Limited. However, the company has stated that at this point, there is no immediate impact of this guarantee on the company, as the guarantee has been provided on behalf of a wholly owned subsidiary which is part of the consolidated group.
The disclosure was signed by Sudip Chatterjee, Company Secretary & Compliance Officer (Membership No.: F11373) of Puravankara Limited on June 20, 2026.