Rights issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 3.6 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board of PVV Infra Ltd, at its meeting on February 23, 2026, approved the allotment of 9,86,64,284 partly paid-up equity shares under a rights issue. The shares have a face value of ₹5 each and were issued at ₹5 per share (at par). On allotment, only ₹1.25 per share has been called and received, with the remaining ₹3.75 per share payable in one or more future calls as decided by the board. The allotment was made per the Letter of Offer dated January 30, 2026, with Skyline Financial Services as registrar and BSE as the designated stock exchange. Post-allotment, the company has 11,51,08,332 fully paid-up shares and 9,86,64,284 partly paid-up shares (paid-up at ₹1.25 each).
Existing shareholders will see significant dilution of their holdings due to the addition of nearly 9.86 crore new shares, and they may face future cash outflows when remaining calls are made on these partly paid-up shares.