AGM/EGM9 Jun 2026, 04:53 pm
PVV Infra Ltd Issues Corrigendum for EGM Notice
AI Summary
PVV Infra Ltd has issued a corrigendum to its Extraordinary General Meeting (EGM) notice, originally dispatched on May 21, 2026, for a meeting scheduled on June 13, 2026. The corrigendum amends and supplements disclosures in the EGM Notice and its Explanatory Statement, particularly concerning Item No. 2 regarding the issuance of Convertible Equity Share Warrants on a preferential basis. The preferential issue aims to raise up to ₹49.875 crore, with proceeds allocated to working capital (70%), general corporate purposes (25%), and issue-related expenses (5%). The filing also includes pre and post-preferential issue shareholding patterns.
Key Highlights
- Corrigendum issued for EGM notice scheduled for June 13, 2026.
- Amends disclosures related to preferential issuance of warrants.
- Aims to raise ₹49.875 crore via convertible equity share warrants.
- Funds to be used for working capital, general corporate purposes, and expenses.
- Includes pre and post-preferential issue shareholding patterns.
Price Impact
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