BSEPVV Infra LtdMediumNeutral
Announced Mon, 1 Jun · 21:55 IST

Conversion of Securities

Corporate Actions View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹3.85
prior close
₹3.85
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.3-1.8-1.6-0.8+2.3+7.5+4.9+3.6+1.3-8.1-6.0
Up moveDown movePending
AI summary

PVV Infra Ltd's board has approved converting 92,19,900 partly paid-up equity shares (face value ₹5 each, ₹1.25 paid-up) into fully paid-up shares following the First and Final Call of ₹3.75 per share. The company received ₹3.45 crore as call money during the May 15–29, 2026 payment window. Post conversion, the paid-up share capital rises to ₹73.34 crore, comprising 12.43 crore fully paid-up shares and 8.94 crore remaining partly paid-up rights shares. A reminder notice will be sent to holders of the remaining partly paid-up shares where ₹33.54 crore in call money is still unpaid.

Likely market impact

This is a routine conversion step following a rights issue — it does not change the total number of shares outstanding materially, but shareholders who paid the call now hold full-value shares, and those who didn't will get another chance to pay. No direct impact on stock price is expected from the conversion itself.