PVP Ventures corrects NCD document: 15,000 debentures, quarterly coupon

PVP Ventures Ltd has filed a corrigendum to its Key Information Document (KID) for listed Non-Convertible Debentures (NCDs) dated March 28, 2025. The corrigendum incorporates the repayment schedule and clarifies certain terms. Key corrections include updating the coupon payment frequency from annual to quarterly for the 18% per annum NCDs and rectifying a typographical error in the issue size from 1,500 to 15,000 debentures. The NCDs have a face value of ₹1,00,000 each, a total issue size of up to ₹150 Crores, a 48-month tenor, and a 1% annual redemption premium.