Puravankara Limited has informed the Exchange regarding Appointment of Mr Kulumani Gopalratnam Krishnamurthy as Non- Executive Independent Director of the company w.e.f. Jun 25, 2026.
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Shareholders at the AGM held on September 29, 2025 approved multiple board changes. Ms. Amanda Joy Puravankara, daughter of Chairman Ravi Puravankara and sister of Managing Director Ashish Ravi Puravankara, was appointed as a Whole-time Director and Key Managerial Personnel for a 5-year term (Aug 8, 2025 to Aug 7, 2030). Mr. Ravi Puravankara was re-appointed as Chairman and Whole-time Director for another 5 years starting April 1, 2026. Two independent directors — Ms. Shailaja Jha and Mr. Kulumani Gopalratnam Krishnamurthy — were re-appointed for second 5-year terms. Additionally, M/s. JKS & Co. was appointed as the Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30).
The appointment of a promoter's daughter as a Whole-time Director and KMP signals a formal handover of operational roles to the next generation of the Puravankara family, which may be viewed positively for succession clarity but raises questions about independent board diversity given the growing promoter representation.