Puravankara's Subsidiary SICL Secures ₹57.80 Crore Contract for Westin Hotel Project in Whitefield, Bangalore

Puravankara Limited has disclosed that its wholly owned subsidiary, Starworth Infrastructure & Construction Limited (SICL), has received a Letter of Intent for a significant construction contract in Bangalore. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to the stock exchanges on May 12, 2026.

Contract Overview

SICL has been awarded an Item Rate Contract by Innmar Tourism and Hotels Private Limited for the execution of Civil, Structure, Waterproofing and Allied works for the Westin Hotel project. The project is situated at Survey No. 12, 13, beside Kundalahalli Metro Station, EPIP Area, Whitefield, Bangalore – 560 066. The contract is classified as a domestic engagement, with the awarding entity being a domestic company.

The key details of the contract are presented below:

Parameter:	Details
Awarding Entity:	Innmar Tourism and Hotels Private Limited
Project Name:	Westin Hotel Project
Project Location:	Survey No. 12, 13, beside Kundalahalli Metro Station, EPIP Area, Whitefield, Bangalore – 560 066
Scope of Work:	Civil, Structure, Waterproofing and Allied Works
Nature of Contract:	Item Rate Contract
Contract Value:	₹57,80,52,217 plus applicable taxes, duties and levies
Contract Duration:	20 Months
Domestic/International:	Domestic
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Regulatory Disclosure

The disclosure was filed in compliance with Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and 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. The filing was signed by Sudip Chatterjee, Company Secretary & Compliance Officer of Puravankara Limited (ICSI Membership No.: F11373).

The company confirmed that neither the promoter, promoter group, nor group companies hold any interest in Innmar Tourism and Hotels Private Limited, and that the contract does not constitute a related party transaction.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.05%	-4.35%	-1.70%	-18.46%	-9.13%	+174.14%

Puravankara Limited has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Monday, May 18, 2026. The intimation, dated May 12, 2026, was filed in compliance with Regulation 29(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2018, and addressed to both BSE Limited and the National Stock Exchange of India Limited.

Board Meeting Agenda

The primary agenda for the forthcoming board meeting is the consideration and approval of the company's audited financial results. The key item on the agenda is as follows:

To consider and approve the draft audited Standalone & Consolidated Financial Results of the Company, along with the Statutory Audit Report, for the quarter and financial year ended March 31, 2026.

Meeting Details at a Glance

The table below summarises the key details of the scheduled board meeting:

Parameter:	Details
Meeting Date:	Monday, May 18, 2026
Intimation Date:	May 12, 2026
Regulatory Reference:	Regulation 29(1)(a), SEBI (LODR) Regulations, 2018
Agenda:	Approval of audited Standalone & Consolidated Financial Results
Period Under Review:	Quarter and financial year ended March 31, 2026
Signatory:	Sudip Chatterjee, Company Secretary & Compliance Officer (Membership No.: F11373)

Regulatory Compliance

The prior intimation was submitted to the Listing Operations Department at BSE Limited and the Listing Department at the National Stock Exchange of India Limited, fulfilling the company's disclosure obligations under applicable SEBI regulations. The notice was signed by Sudip Chatterjee, Company Secretary & Compliance Officer, with Membership No. F11373, on behalf of Puravankara Limited.