Puravankara is planning to raise funds through issuance of unlisted, fully secured, redeemable, cumulative, non-convertible debentures (NCDs) by way of private placement in one or more tranches. The Meeting of the Board of Directors of the Company will be held on September 16, 2020 to consider and approve the same.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.