PVP Ventures Limited has informed the Exchange about High Court Order

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Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹20.85

prior close

₹20.62

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-2.6% vs market

Residential Commercial Projects peers, median of 59sector-0.9%-2.2% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.2 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-3.1-0.5-2.6-0.9-2.2

Next day

-4.0-0.4-3.7-0.8-3.2

-2.2+0.9-3.1-0.5-1.7

+0.7+1.3-0.6+0.1+0.7

+1.4+1.6-0.2-0.3+1.8

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15d

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+52.6-2.3+54.9-6.4+59.0

+43.6-3.9+47.5-8.7+52.4

UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

PVP Ventures Limited informed exchanges that the Madras High Court has set aside a demand notice of approximately Rs. 12.43 crore issued by the Sub Registrar, Purasawakkam, Chennai, on 23 May 2025 related to stamp duty on a mortgage deed for the Ekanta Tower property. The court ruled that the demand was premature as no proceedings had been initiated under Section 47A or 33A of the Indian Stamp Act, 1899, which are the proper legal provisions for such demands. However, the court left the registration authorities free to issue a fresh notice under those proper legal sections and proceed after giving the company a hearing opportunity. The order was passed on 19 June 2025 and made available to the company only on 10 July 2025.

Likely market impact

Positive for shareholders as a Rs. 12.43 crore demand has been set aside, but the matter is not fully closed since authorities can still pursue the case through proper legal channels, meaning some uncertainty remains.