PURAVANKARA PROJECTS LTD. - Outcome of Board Meeting

Puravankara Projects Ltd has informed BSE that the Company had called a meeting of the Board of Directors at Short notice on April 26, 2016 at 5:00 PM, to pass an enabling resolution to exit its investment of Rs. 403 crores at Raidurg, Panamaktha Village which would inter-alia involve the sale of its entire shares in three wholly owned subsidiaries of Puravankara Projects Limited.