Puravankara Limited has informed the Exchange regarding Appointment of Ms Amanda Joy Puravankara as Executive Director of the company w.e.f. August 08, 2025.
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At the AGM held on September 29, 2025, Puravankara Limited's shareholders approved several board changes. Ms. Amanda Joy Puravankara has been appointed as Whole-time Director and Key Managerial Personnel for a 5-year term from August 08, 2025 to August 07, 2030. She is the daughter of Chairman Ravi Puravankara and sister of Managing Director Ashish Ravi Puravankara, bringing her into a formal leadership role in the promoter family business. Chairman Ravi Puravankara was re-appointed for another 5 years (April 2026 to March 2031), and two independent directors — Ms. Shailaja Jha and Mr. Kulumani Gopalratnam Krishnamurthy — were also re-appointed for second 5-year terms. The company also appointed M/s. JKS & Co. as its new Secretarial Auditor for a 5-year period starting FY2025-26.
The move further entrenches the promoter family's involvement in day-to-day management, with the chairman's daughter now holding a whole-time director position — a factor investors should weigh for governance and succession planning. Continuity in leadership and independent directors may provide stability, but the deepening promoter family control could be viewed differently by those favouring broader professional management.