StockWatch
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Civil Construction
Corporate Action7 Jul 2026, 08:40 pm

PVV Infra Converts 59.56 Lakh Partly Paid Shares to Fully Paid

AI Summary

PVV Infra Ltd announced the conversion of 59,56,513 partly paid-up equity shares into fully paid-up equity shares. This follows the First and Final Call of ₹3.75 per share on outstanding partly paid shares. The company received an aggregate call money amount of ₹2,23,36,934.00 on these shares during the period June 22, 2026, to July 06, 2026. Post-conversion, the paid-up share capital will increase to ₹75,57,83,564.00. The Board also decided to issue a reminder notice for the remaining unpaid call money on 8,34,87,871 partly paid-up shares.

Key Highlights

  • 59.56 lakh partly paid shares converted to fully paid.
  • Aggregate call money received: ₹2.23 crore.
  • Paid-up capital to increase to ₹75.58 crore.
  • Reminder notice to be issued for unpaid call money.
  • Board approved conversion and subsequent capital increase.