Board meeting poutcome
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PVV Infra Ltd's board met on August 14, 2025 and approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 782.59 lakhs and net profit at Rs. 73.88 lakhs, a sharp year-on-year decline from Rs. 2,138.51 lakhs and Rs. 482.06 lakhs respectively in Q1 FY25 (~85% drop in profit). The board also approved a 1:2 sub-division/split of equity shares, reducing face value from Rs. 10 to Rs. 5, subject to shareholder approval, with the rationale of improving liquidity and making shares more affordable to small investors. The 30th Annual General Meeting has been scheduled for September 11, 2025 via video conferencing, with book closure from September 5 to September 11, 2025. Statutory auditors SMV Co issued an unqualified limited review report on the results.
The steep year-on-year fall in revenue and profit is a negative signal for short-term sentiment, but the 1:2 stock split could improve trading liquidity and attract retail participation. Shareholders should watch the AGM outcome for final approval of the stock split and the record date announcement.