Puravankara allots fourth and final tranche of ₹25 crore secured debentures
As filed · Puravankara Limited has informed the Exchange regarding allotment of 250 unlisted, unrated, senior, secured, redeemable, non-convertible debentures of face value of INR 10,00,000 each, aggregating up
What happened
FactPuravankara allotted 250 unlisted, unrated, senior, secured, redeemable, non-convertible debentures to identified investors through private placement on October 09, 2026. The debentures have a face value of ₹10,00,000 each, aggregate ₹25 crore, and mature on June 18, 2030.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
Delayedwe will add -- try and add a couple of projects in Pune also in the coming financial year.
there are going to be 4 projects that are going to be launched in this quarter.
Change
FactImplication
CapitSignal interpretationCapex
RevisedThe total GDV value for all our projects put together is close to around INR15,000 crores.
Today I think we have surpassed INR50,000 crores of top line portfolio number that we are currently handling.
Change
FactImplication
CapitSignal interpretationDebt
RevisedWe hold our guidance as a debt reduction as well.
We will reduce the debt by INR700 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- there are going to be 4 projects that are going to be launched in this quarter. (management committed by Q4 FY26)
- We remain focused on delivering our FY27 sales guidance of ₹11,200 crore. (management committed by FY27)
Evidence
- Puravankara Limited has informed the Exchange regarding allotment of 250 unlisted, unrated, senior, secured, redeemable, non-convertible debentures of face value of INR 10,00,000 each, aggregating up to INR 25,00,00,000 as fourth and last tranche on private Placement basis.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The allotment completes the fourth and final tranche under the company’s approved ₹300 crore private placement programme and adds secured debt to the company’s capital structure. The filing does not disclose the coupon, payment schedule, or security terms, which are stated to be in the relevant PAS-4.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%