Puravankara Limited has announced the provision of a corporate guarantee worth ₹150.00 crores to its wholly owned subsidiary Purva Oak Private Limited on January 1, 2026. The guarantee has been issued under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Guarantee Details

The corporate guarantee supports Purva Oak Private Limited's fund raising activities through the issuance of commercial papers. The arrangement involves Catalyst Trusteeship Limited as the beneficiary of the guarantee structure.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations. Additionally, the disclosure complies with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary and Compliance Officer Sudip Chatterjee has signed the regulatory filing.

Impact Assessment

According to the company's disclosure, promoters, promoter groups, and other group companies have no interest in this transaction. Only Purva Oak Private Limited is interested in the arrangement as the direct beneficiary of the corporate guarantee.

The corporate guarantee represents a contingent liability for Puravankara Limited. However, the company has indicated that there is currently no impact from this guarantee, noting that the wholly owned subsidiary's accounts are consolidated with the parent company's financial statements. This arrangement enables Purva Oak Private Limited to access commercial paper funding while maintaining the backing of its parent company's financial strength.

Puravankara Limited has formally responded to a volume movement inquiry from the Bombay Stock Exchange (BSE), addressing concerns about significant increase in trading volume of the company's securities across exchanges.

Response to Volume Movement Query

The company received a surveillance letter from BSE, noting unusual volume activity in Puravankara's securities. In its response, the company clarified that it has been consistently intimating stock exchanges about all events and information required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Recent Land Acquisition Disclosure

Puravankara specifically referenced its disclosure made to stock exchanges regarding a significant business development:

The company operates in the residential and commercial real estate development sector, with management continuously working on business development opportunities that require disclosure upon conclusion of transactions.

Regulatory Compliance Statement

In its communication to BSE, Puravankara emphasized several key points regarding its regulatory compliance:

• All material events and information are promptly disclosed as per SEBI LODR requirements
• The company maintains focus on business performance rather than stock price or volume movements
• Management has no role in influencing volume or price movements across exchanges
• Commitment to continued adherence to disclosure requirements in future transactions

Company's Position on Market Activity

Puravankara clarified that while the management remains focused on business performance and development opportunities, the company does not play any role in volume or price movements of its stock across exchanges. The response was signed by Company Secretary Sudip Chatterjee (Membership No. F11373) and submitted for BSE's information and records.

The company's proactive response demonstrates its commitment to transparency and regulatory compliance while addressing market surveillance concerns related to recent trading activity.