Puravankara Limited Re-appoints Ashish Ravi Puravankara as Managing Director

Puravankara Limited Re-appoints Ashish Ravi Puravankara as Managing Director

Puravankara Limited Re-appoints Ashish Ravi Puravankara as Managing Director​

Puravankara Limited announced that shareholders have approved the re-appointment of Ashish Ravi Puravankara as Managing Director for a five-year period, effective April 1, 2026, to March 31, 2031. The decision was made following a postal ballot conducted on March 19, 2026, based on a recommendation from the Board of Directors.

Additionally, the company announced an enhanced remuneration limit for Mr. Puravankara for a three-year term, commencing April 1, 2026, and ending March 31, 2029.

Mr. Puravankara, who also serves as a Director on the board, oversees the company’s business operations, focusing on growth opportunities and construction quality. He previously spearheaded the launch of Provident Housing and Purva Land.

Background on Ashish Ravi Puravankara
Mr. Puravankara holds a Bachelor of Science degree from Virginia Polytechnic Institute and State University and a Master of Business Administration from Willamette University. He is the son of Mr. Ravi Puravankara, Chairman of Puravankara Limited, and brother of Ms. Amanda Joy Puravankara, Whole Time Director of the company. He is not debarred from holding the office of director by any regulatory order.

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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