Puravankara (PURVA) — Board Meeting

📢 Key Event
Board approved Q1 FY2026 results, AGM scheduled for September 25, 2026, and CTO appointment effective May 19, 2026.

🔄 What Changed
Net profit of ₹17.87 crores reported for Q1 FY2026; tax disallowance of ₹28.84 crores across multiple assessment years; Benami notice on 43.5 acres of land.

🔮 What's Next
AGM to be held on September 25, 2026 via Video Conferencing / Other Audio Visual Means.

💡 Investor Takeaway
The company reported modest quarterly profit amid tax disputes and land-related legal risks that could impact future cash flows and shareholder value.

Puravankara Limited announced the outcome of its August 14, 2026 board meeting, approving unaudited Q1 FY2026 financial results showing net profit of ₹17.87 crores, convening the 40th AGM on September 25, 2026, and appointing Subrahmanya Gupta Boda as Chief Technology Officer effective May 19, 2026. The filing also disclosed tax assessment orders disallowing ₹28.84 crores of expenses across assessment years 2016-17 to 2024-25, a pending Benami notice affecting 43.5 acres of land valued at ₹13.20 crores, and approval of the annual report for FY2025-26.

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About Puravankara Limited (PURVA)

Realty · Realty · Listed on NSE

Market Cap: ₹5,039.43 Cr P/E: 31.4 ROE: 8.7% ROCE: 14.8%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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