Puravankara Limited has notified the closure of its trading window in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) and the company’s Code of Conduct to regulate, monitor, and report trading by Designated Persons (“Code of Conduct”). The trading window will remain closed from April 1, 2025, and will be reopened 48 hours after the declaration of the company’s audited financial results for the quarter and financial year ending March 31, 2025.

Details of Trading Window Closure

• Company Name: Puravankara Limited

• Date of Commencement of Closure: Tuesday, April 1, 2025

• Date of Reopening: 48 hours after the declaration of the financial results for the quarter and financial year ending March 31, 2025

Who is Affected by the Trading Window Closure?

The closure of the trading window applies to:

• Designated Persons (DPs): Employees, directors, and senior personnel with access to unpublished price-sensitive information (UPSI).

• Immediate Relatives/Relatives: Family members or dependents of Designated Persons who may have access to UPSI.

• Connected Persons: Persons associated with the company or having a direct/indirect relationship that gives them access to confidential information.

Scope of the Trading Window Closure

During the closure period, the affected persons are prohibited from dealing or trading in the securities of the company. The term “deal/trade” includes:

• Direct Trading in Securities: Buying, selling, or transferring shares of the company.

• Portfolio Management Scheme (PMS): Trading through any portfolio management service.

• Pledging of Securities: Creation or release of pledges, including those created to meet margin obligations.

This restriction also covers contra trades, which are transactions that reverse any trade within a period of six months.

Compliance with PIT Regulations and Code of Conduct

The PIT Regulations and Code of Conduct require strict adherence to rules governing insider trading. All Designated Persons and their relatives are expected to ensure compliance with:

• No trading in securities during the closure period.

• No pledging, margin obligations, or portfolio management trades that may lead to a violation of the PIT Regulations.

• No contra trading within a period of six months from the date of the original trade.

Clarifications on Portfolio Management and Pledge Creation/Release

Puravankara Limited has emphasized that the restrictions on trading extend to:

• Portfolio Management Schemes (PMS): Even indirect trading through managed schemes is prohibited.

• Creation/Release of Pledges: Pledging of shares, whether for margin obligations or any other purpose, is restricted during the trading window closure.

Consequences of Non-Compliance

Any violation of the trading window closure or insider trading regulations will attract strict actions, including:

• Penalties under SEBI guidelines.

• Legal consequences for non-compliance with insider trading regulations.

• Disciplinary action by the company against non-compliant employees or designated persons.

Reopening of Trading Window

The trading window will be reopened 48 hours after the declaration of the audited financial results for the quarter and financial year ending March 31, 2025. Once the results are made public, the company will issue a formal notification to inform the Designated Persons and Connected Persons about the resumption of trading activities.

Intimation to Stock Exchanges

This intimation regarding the closure of the trading window has been sent to:

• BSE Limited (BSE) – Stock Code: 532891

• National Stock Exchange of India Limited (NSE) – Stock Code: PURVA

Next Steps and Declaration of Financial Results

The date of the Board Meeting to consider and approve the audited financial results for the quarter and financial year ending March 31, 2025, will be intimated separately.

Company’s Commitment to Compliance

Puravankara Limited remains committed to maintaining transparency and regulatory compliance in all its dealings. The company urges all its Designated Persons and Connected Persons to comply with the PIT Regulations and Code of Conduct to ensure that no violations occur during the closure period.

Conclusion:
The closure of the trading window by Puravankara Limited is a necessary step to ensure fair and transparent trading practices. All Designated Persons and their immediate relatives must strictly adhere to the company’s Code of Conduct and the guidelines issued by SEBI. Updates regarding the Board Meeting and financial results declaration will be provided in due course.

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