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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PVV Infra Ltd has completed a postal ballot with three key resolutions approved by shareholders. The first resolution approves a sub-division/split of equity shares, where each equity share of face value Rs. 5 will be split into 5 equity shares of face value Re. 1 each, effectively making shares more affordable for retail investors. The second and third resolutions approve the appointment of two new Independent Directors: Mr. Narsimharao Venkata Laxmi Venuturupalle (DIN: 10565686) and Mr. Tse Hsiung Norman Lao (DIN: 10924375). Detailed voting results will be shared with the exchange once the scrutinizer's report is received.
The stock split will increase the number of outstanding shares fivefold and reduce per-share price proportionally, potentially improving liquidity and retail participation. Addition of two independent directors strengthens the board composition and governance structure.