BSEPVV Infra LtdHighNeutral
Announced Fri, 30 Jan · 15:51 IST

Rights Issue

Corporate Actions View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

PVV Infra Ltd's board has approved a rights issue of up to 9,86,64,284 partly paid-up equity shares of face value ₹5 each at an issue price of ₹5 (at par), aggregating up to ₹49.33 crores. The ratio is 6 rights shares for every 7 fully paid-up shares held, with the record date fixed for Thursday, 05th February 2026. Investors need to pay only 25% (₹1.25) on application, with the remaining 75% (₹3.75) due on a later call. The issue opens on 13th February 2026 and closes on 19th February 2026. The company currently has 11.51 crore shares outstanding, which could rise to 21.38 crore shares if fully subscribed.

Likely market impact

Eligible shareholders can subscribe to the rights issue at par value to maintain their proportional ownership. The partly paid-up structure lowers upfront cash outflow, but existing shareholders should evaluate whether to subscribe, renounce, or let entitlements lapse, as non-participation will dilute their stake.