Puravankara Limited to Participate in 11th Annual Valorem Conference on March 23, 2026

1 min read     Updated on 17 Mar 2026, 03:13 PM
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Puravankara Limited has announced its participation in the 11th annual Valorem Conference on March 23, 2026, in Mumbai. The physical conference will run from 10:00 A.M. to 05:00 P.M., with company management representatives attending. The company has assured that only publicly available information will be discussed, with no unpublished price sensitive information being shared during the investor meeting.

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Puravankara Limited has notified the stock exchanges about its upcoming participation in the 11th annual Valorem Conference. The announcement was made through a formal communication dated March 17, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI Listing Regulations.

Conference Details

The company's management representatives will participate in the investor conference with the following specifications:

Parameter: Details
Conference Date: March 23, 2026
Mode: Physical
Timing: 10:00 A.M. to 05:00 P.M.
Venue: Mumbai

Regulatory Compliance

The intimation has been made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates companies to inform exchanges about meetings with groups of investors.

Information Disclosure Guidelines

Puravankara Limited has emphasized that no unpublished price sensitive information will be discussed during the conference. The company has specifically stated that all discussions will be based exclusively on information available in the public domain, ensuring compliance with insider trading regulations.

Schedule Flexibility

The company has noted that the conference schedule is subject to potential changes due to exigencies on the part of analysts or the company itself. This disclaimer provides flexibility for any last-minute adjustments that may be required.

The communication was signed by Sudip Chatterjee, Company Secretary & Compliance Officer (Membership No.: F11373), and digitally authenticated on March 17, 2026.

Historical Stock Returns for Puravankara

1 Day5 Days1 Month6 Months1 Year5 Years
-1.83%-5.87%-14.62%-35.12%-30.20%+137.85%

Puravankara Subsidiary Secures ₹280.35 Crore Construction Contract from VIT Vellore

1 min read     Updated on 17 Mar 2026, 11:27 AM
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Puravankara Limited announced that its wholly owned subsidiary, Starworth Infrastructure & Construction Limited, has secured a significant construction contract worth ₹280.35 crores from Vellore Institute of Technology. The project involves constructing the Ruby Block (Academic Block) Phase-I at VIT Vellore Campus with a 24-month completion timeline, representing a major business development that strengthens the company's position in the construction and infrastructure sector.

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Puravankara Limited has announced that its wholly owned subsidiary, Starworth Infrastructure & Construction Limited (SICL), has secured a major construction contract worth ₹280.35 crores. The Letter of Intent was received for the construction of Ruby Block (Academic Block) Phase-I at VIT Vellore Campus, marking a significant business development for the company.

Project Details

The construction project has been awarded by Vellore Institute of Technology and involves building an academic block at their Vellore campus. Key project parameters are outlined below:

Parameter: Details
Project Value: ₹280.35 Crores (excluding GST)
Client: Vellore Institute of Technology
Project Type: Construction of Ruby Block (Academic Block) Phase-I
Location: VIT Vellore Campus, Vellore - 632014
Contract Duration: 24 Months
Contract Nature: Item rate Contract

Contract Structure and Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract represents a domestic engagement with no related party transaction implications.

Compliance Aspect: Status
Contract Type: Domestic
Promoter Interest: No
Related Party Transaction: No
Regulatory Filing: Regulation 30 compliance

Corporate Structure

Starworth Infrastructure & Construction Limited operates as a wholly owned subsidiary of Puravankara Limited, enabling the parent company to expand its presence in the construction and infrastructure sector. The subsidiary's success in securing this substantial contract demonstrates the group's capabilities in executing large-scale construction projects.

The project timeline of 24 months indicates a structured approach to completion, with the academic block construction expected to contribute significantly to VIT Vellore's infrastructure development. The contract value of ₹280.35 crores excluding GST represents a meaningful addition to the company's order book and reinforces its position in the construction sector.

Historical Stock Returns for Puravankara

1 Day5 Days1 Month6 Months1 Year5 Years
-1.83%-5.87%-14.62%-35.12%-30.20%+137.85%

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1 Year Returns:-30.20%