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BSEPVV Infra Ltd· ConstructionHighPositive
Announced Wed, 7 May, 2025 · 11:52 IST

Announcement

Regulatory & Legal View source PDFExplain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+5.2%Reaction day
₹2.30
prior close
₹2.40
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+3.9% vs market
Civil Construction peers, median of 82sector+1.5%+3.8% vs sector

On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 3.8 pts more than its Civil Construction 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
Stock
5m
+0.8
10m
+0.8
15m
+0.8
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+5.2+1.3+3.9+1.5+3.8
Next day
+8.7+0.4+8.3-0.6+9.3
2d
+6.1+0.3+5.8-0.4+6.5
3d
+9.1+5.0+4.2+4.5+4.7
4d
+9.6+6.7+2.9+5.1+4.4
5d
+9.6+8.4+1.2+7.3+2.2
1w
+12.2+10.3+1.8+11.4+0.8
15d
+8.7+12.8-4.1+10.8-2.1
1m
+9.6+16.0-6.5+11.5-1.9
2m
+4.3+16.9-12.5+14.4-10.1
3m
+17.4+12.5+4.9+7.2+10.2
UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 82Pending

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

AI summary

PVV Infra Ltd has received a favorable judgment dated 06/05/2025 from the Commissioner of Income Tax (Appeals) under Section 250 of the Income Tax Act, 1961. The order sets aside previous orders and removes a penalty of ₹33.76 crore (₹33,75,87,869) originally levied for Assessment Year 2019-20. The relief pertains to sub-contract works matters. The company has informed BSE under Regulation 30 of SEBI LODR Regulations, 2015.

Likely market impact

This is positive news for shareholders as the company has been spared a significant financial liability of over ₹33 crore, strengthening its balance sheet and reducing pending tax-related risks. This could improve investor confidence in the company's governance and tax compliance standing.