Business Update20 May 2026, 06:01 pm
Puravankara's Subsidiary Bags ₹133.34 Cr Order
AI Summary
Starworth Infrastructure & Construction Limited (SICL), a wholly-owned subsidiary of Puravankara Limited, has received a Letter of Intent from Sion Eden Developers Private Limited for civil and structural works for Embassy Eden, Bengaluru. The contract is valued at ₹1,33,34,09,064 including GST. The project is expected to be executed within 34 months from the date of site handover.
Key Highlights
- Starworth Infra receives ₹133.34 Cr order from Sion Eden Developers.
- The order is for civil and structural works at Embassy Eden, Bengaluru.
- Project execution timeline is 34 months from site handover.
- SICL is a wholly-owned subsidiary of Puravankara Limited.
- The order is from a domestic entity.
Price Impact
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