Puravankara subsidiary secures Rs 133 crore contract for Bengaluru project

Kinjal — Wed, 20 May 2026 12:29:33 +0000

Starworth Infrastructure & Construction Limited (SICL), a wholly owned subsidiary of Puravankara, has secured a significant contract from Sion Eden Developers Private Limited. The contract involves the execution of civil and structural works for the Embassy Eden project in Bengaluru, with a total contract value of ₹1,33,34,09,064, inclusive of GST.

The contract is structured as an item rate contract and is expected to be completed within 34 months from the date the site is handed over to the contractor. This domestic contract does not involve any related party transactions, and neither the promoter nor the promoter group of SICL has any interest in Sion Eden Developers Private Limited.

The detailed disclosure of this contract was made in compliance with Regulation 30 and Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was also aligned with the SEBI Master Circular issued on July 11, 2023, and last updated on January 30, 2026.

This development marks a substantial addition to SICL’s portfolio, reinforcing its position in the construction sector and expanding its footprint in Bengaluru’s real estate market.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Sion Eden Developers | Business Upturn

Puravankara subsidiary secures Rs 133 crore contract for Bengaluru project