StockWatch
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Civil Construction
Corporate Action4 Aug 2026, 08:31 pm

PVV Infra Converts 75.28 Lakh Partly Paid Shares to Fully Paid

AI Summary

PVV Infra Ltd announced that its Board of Directors has approved the conversion of 75,28,384 partly paid-up equity shares into fully paid-up equity shares. This follows the First and Final Call of ₹3.75 per share, on which the company received ₹2,82,31,440.00 during the call money period. The company is completing formalities for listing these converted shares. Additionally, a reminder notice will be issued for the remaining 7,59,60,487 partly paid-up shares on which ₹28,48,51,826 remains unpaid, offering an additional opportunity for conversion. Post-conversion, the paid-up share capital will increase to ₹78,40,11,254.

Key Highlights

  • 75.28 lakh partly paid shares converted to fully paid.
  • ₹2.82 crore received from First and Final Call.
  • Reminder notice to be issued for unpaid call money.
  • Paid-up share capital to increase to ₹78.40 crore.
  • Board meeting held on August 4, 2026.