Deals6 Aug 2025, 06:10 pm
Puravankara Ltd Subsidiary, Starworth Infrastructure, Receives LOI for Rs. 83 Crores Construction Project
AI Summary
Puravankara Ltd's wholly owned material subsidiary, Starworth Infrastructure & Construction, has received a Letter of Indent (LOI) for Rs. 83,51,50,254/- from Krishil WhiteAlpha Private Limited for the construction of civil works of a commercial project ‘Luxon’ at Doddanekundi Industrial Area, White Field Bangalore, Karnataka. The project details are provided as per Regulation 30 and Schedule Il of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Puravankara Ltd's subsidiary, Starworth Infrastructure, receives LOI for Rs. 83 crores project
- The project is a commercial building named 'Luxon' located at Doddanekundi Industrial Area, White Field Bangalore, Karnataka
- The LOI is from Krishil WhiteAlpha Private Limited
- The project is to be executed as per the Letter of Indent
- The project is worth Rs. 83,51,50,254/-