StockWatch
·
Civil Construction
AGM/EGM6 Jun 2026, 10:11 pm

PVV Infra Ltd Issues Corrigendum for EGM Notice on Preferential Issue

AI Summary

PVV Infra Ltd has issued a corrigendum to its Extraordinary General Meeting (EGM) notice. The corrigendum amends and supplements disclosures related to Item No. 2 of the EGM, which concerns the issuance of Convertible Equity Share Warrants on a preferential basis. The company plans to raise up to ₹49.875 crore, with funds 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, assuming full exercise of warrants.

Key Highlights

  • Corrigendum issued for EGM notice regarding preferential issue of warrants.
  • Company aims to raise ₹49.875 crore through convertible equity warrants.
  • Funds to be used for working capital, general corporate purposes, and expenses.
  • Shareholding patterns pre and post-issue are detailed.
  • Amendments align with SEBI ICDR Regulations.