Announced Wed, 8 Jul · 19:47 IST
Corrigendum: 59.55 lakh rights shares converted to fully paid-up
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹3.60
prior close
₹3.67
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8—-0.8—+0.6-1.7+1.1-1.4-3.1-11.1————
Up moveDown movePending
AI summary
PVV Infra corrigendum to July 7 board outcome. After First and Final Call of Rs 3.75 per partly paid rights share, company received Rs 2.23 crore on 59.55 lakh shares during call period June 22 to July 6. Board approved converting 59.55 lakh partly paid shares to fully paid-up of Rs 5 each. Paid-up capital rises to Rs 75.58 crore. Reminder notice planned for 8.35 crore unpaid partly paid shares with Rs 31.31 crore call money still due.
Likely market impact
Partly paid rights shares converting to fully paid. About 8.35 crore shares still unpaid may convert later, adding to float and capital.