Puravankara Limited has informed the Exchange regarding Appointment of Mr Ravi Puravankara as Executive Director of the company w.e.f. April 01, 2026.
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At the AGM held on September 29, 2025, Puravankara Limited's shareholders approved several board changes. Ms. Amanda Joy Puravankara, daughter of Chairman Ravi Puravankara and sister of Managing Director Ashish Ravi Puravankara, was appointed as Whole-time Director and Key Managerial Personnel for a 5-year term starting August 8, 2025. Chairman Ravi Puravankara was re-appointed as Whole-time Director for 5 years from April 1, 2026 to March 31, 2031. Two independent directors, Ms. Shailaja Jha and Mr. Kulumani Gopalratnam Krishnamurthy, were also re-appointed for second 5-year terms starting in 2026. Additionally, M/s. JKS & Co. was appointed as the new secretarial auditor for a 5-year term covering FY 2025-26 to FY 2029-30.
The appointment of a third-generation family member (Amanda Joy Puravankara) as a whole-time director strengthens the promoter's grip on the board and signals continued family-led succession at Puravankara, which some minority investors may view as governance concern. The re-appointments of the chairman and two independent directors suggest board continuity with no major disruption expected.