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On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.4 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.
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PVV Infra Ltd has informed the stock exchange that Mr. Nitin Sinha (DIN: 02694563), who was appointed as an Additional Director on September 5, 2025, has ceased to be a Director of the company with effect from December 2, 2025. Under Section 161(1) of the Companies Act, 2013, an Additional Director's tenure lasts only until the next Annual General Meeting or three months from the date of appointment, whichever is earlier, unless shareholders regularize the appointment. Since the company failed to regularize Mr. Sinha's appointment within the three-month window, his office was automatically vacated as a matter of law. No replacement appointment has been announced in this filing. The intimation is being made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine statutory disclosure reflecting a governance/compliance lapse — the company did not obtain shareholder approval for the director in time. While not immediately damaging, it signals weak board governance and compliance processes, which minority investors should monitor. No material financial impact is expected, but the board has lost a member.