BSEPVV Infra LtdMediumNeutral
Announced Thu, 16 Apr · 15:34 IST

PVV Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/04/2026 ,inter alia, to consider and approve Call Money of Rights Issue

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹4.01
prior close
₹4.10
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AI summary

PVV Infra Ltd has scheduled a Board meeting on April 21, 2026 to consider key business items. The meeting will approve the appointment of Mr. Shubh Gangully as Whole-Time Director (IIM Kolkata alumnus with 35 years experience including as Group CEO at Prestige Group) and two Independent Directors. Additionally, the Board will consider submitting bids for two wayside amenity facilities under NHLML (Ministry of Road Transport and Highways) projects in Uttar Pradesh and Madhya Pradesh. Most notably, the meeting will approve the First and Final Call of ₹3.75 per share on 9,86,64,284 partly paid-up equity shares from a Rights Issue, converting them to fully paid-up shares.

Likely market impact

The Rights Issue call money approval will complete the capital raise process, converting all outstanding partly paid shares to fully paid status. The new director appointments and infrastructure bids signal potential business expansion. Shareholders holding partly paid rights issue shares should expect a call money demand of ₹3.75 per share.