Puravankara provides ₹50 Crore corporate guarantee for subsidiary Starworth Infra
Puravankara Limited has announced that it has provided a corporate guarantee on behalf of its wholly-owned subsidiary, Starworth Infrastructure & Construction Limited. This guarantee is for the enhan...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Puravankara Limited in the news today?
Puravankara Limited (PURVA) is in the news due to the announcement is a standard corporate disclosure regarding a financial guarantee for a subsidiary. while it involves a significant amount, it's presented as a contingent liability with no immediate negative impact on the parent company.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Puravankara provides ₹50 Crore corporate guarantee for subsidiary Starworth Infra
December 19, 2025, 07:35 AM
Puravankara Limited has announced that it has provided a corporate guarantee on behalf of its wholly-owned subsidiary, Starworth Infrastructure & Construction Limited.
This guarantee is for the enhancement of credit facilities amounting to ₹50,00,00,000 (Rupees Fifty Crores Only) in favor of Axis Bank Limited.
The company has clarified that the promoter/promoter group/group companies do not have any interest in this transaction, and only Starworth Infrastructure & Construction Limited is interested. The corporate guarantee provided is considered a contingent liability for Puravankara Limited. Currently, there is no direct impact on the company as the guarantee is for its wholly-owned subsidiary, which is part of the consolidated group.
See What Deep Dive Gives You — in Seconds
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained - “Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
