Puravankara Ltd subsidiary Starworth Infrastructure received a Letter of Intent for a ₹57.8 crore hotel construction contract in Bangalore.
The contract involves civil, structure, and waterproofing works for the Westin Hotel project awarded by Innmar Tourism and Hotels.
The project is a domestic, item-rate contract with a 20-month execution timeline and is not a related party transaction.
Disclosure is made pursuant to SEBI Listing Regulations and Master Circular requirements for material contracts.