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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Puravankara Ltd

Puravankara Ltd subsidiary secures ₹57.80 Crore Westin Hotel construction order

ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 12 May 2026, 06:29 PM IST  ·  BSE ID: 905f5ccb-6e83-4f07-a28f-ed4e11de2bff
View Original BSE Filing (PDF)
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In Simple Terms
Puravankara's subsidiary won a ₹57.80 Crore contract to build parts of a Westin Hotel in Bangalore.
🤖 AI Summary
  • Puravankara's subsidiary, SICL, secured a Letter of Intent for ₹ 57,80,52,217/- from Innmar Tourism and Hotels Private Limited.
  • The contract is for civil, structure, waterproofing, and allied works for a Westin Hotel project in Bangalore.
  • The project location is Survey No. 12,13, beside Kundalahalli Metro Station, EPIP Area Whitefield Bangalore.
  • This is a domestic item rate contract with a defined execution period of 20 Months.
  • No promoter/promoter group interest in the awarding entity; not a related party transaction.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value
₹ 57,80,52,217/-
Execution Period
20 Months
🏢 How This Affects the Company
📈
Business Impact
This order adds ₹ 57,80,52,217/- to Starworth Infrastructure & Construction Limited's project pipeline, reinforcing its position in hotel infrastructure and general construction segment. The order diversifies the subsidiary's client base with Innmar Tourism and Hotels Private Limited.
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Financial Impact
The contract value of ₹ 57,80,52,217/- will contribute to the consolidated revenue of Puravankara Limited over the 20-month execution period. This inflow will support the subsidiary's cash flow and potentially improve its financial metrics.
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Operational Impact
The execution of Civil, Structure, Waterproofing and Allied works for the Westin Hotel project will require deployment of operational resources, including workforce and materials, for 20 months in Bangalore. This utilizes Starworth Infrastructure & Construction Limited's existing construction capabilities.
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Risk Impact
The filing states no promoter/promoter group interest in the awarding entity and confirms it is not a related party transaction, reducing potential governance risks. Execution risk for a 20-month project needs to be managed for timely completion.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this order win disclosure.
👤
Who Is Affected
All shareholders are indirectly affected as this order adds to the consolidated revenue pipeline of Puravankara Limited via its wholly-owned subsidiary, Starworth Infrastructure & Construction Limited.
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Management Signal
The management's continuous disclosure of new order wins indicates an active focus on business development and leveraging the subsidiary's construction capabilities.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q1 FY27 results — monitor consolidated revenue contribution from this order.
Future order win announcements from Starworth Infrastructure & Construction Limited.
Annual Report FY26 — review order book status and segment performance.
LOW RISK This is a standard business development update with no new material risks disclosed.
💡 Investor Takeaway
Puravankara Limited's wholly-owned subsidiary, Starworth Infrastructure & Construction Limited, secured a domestic construction contract valued at ₹ 57,80,52,217/- for a Westin Hotel project. The project involves civil, structure, waterproofing, and allied works, with an execution period of 20 Months.
⚖️ Strengths & Concerns

✅ Positives

  • Adds ₹ 57,80,52,217/- to the order book of Starworth Infrastructure & Construction Limited, a wholly-owned subsidiary.
  • The 20-month execution timeline provides a clear revenue visibility for a significant portion of the coming two fiscal years.

⚠️ Concerns

  • No details on potential profit margins or specific payment terms for the ₹ 57,80,52,217/- contract value were disclosed in the filing.
  • The filing does not provide information on the total size of the Westin Hotel project, making it difficult to assess SICL's proportion of overall work.
📅 Company Track Record
This is the third significant order win announced by Puravankara's subsidiary, Starworth Infrastructure & Construction Limited, within approximately three months. Previous orders included a ₹ 280.35 Crores contract for VIT Vellore (March 2026) and a ₹ 144.45 Crores Nature's Nest contract (April 2026).

Based on publicly available historical data. For context only.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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