PVP Ventures defers NCD principal repayment to June 2027
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PVP Ventures has amended its Debenture Trust Deed to push back the principal repayment of its Non-Convertible Debentures from June 2026 to June 2027. Two NCD series worth about Rs 150 crore combined are affected: Rs 95 crore held via LICHFL Housing and Infrastructure Fund and Rs 55 crore via LICHFL Real Estate Debt Opportunities Fund. NSE has approved the amendment. Revised schedule extends payouts through March 2029. Security and promoter guarantees remain in place.
Sign of liquidity strain as NCD principal repayment is pushed back by a year. Deferment avoids immediate default but signals cash flow challenges for the company.