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.
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PVV Infra Ltd's Board, at its meeting on February 23, 2026, approved the allotment of 9,86,64,284 partly paid-up equity shares under its Rights Issue at ₹5 per share (face value ₹5), issued at par. Of the ₹5 price, only ₹1.25 per share has been received on application, with the remaining ₹3.75 payable in future calls as decided by the Board. The allotment follows the Letter of Offer dated January 30, 2026, and was processed via Skyline Financial Services as Registrar. Post-allotment, the company's paid-up share capital rises from ₹57.55 crore (11.51 crore fully paid shares) to include an additional ₹12.33 crore of partly paid-up capital.
The rights issue is priced at par with a partly paid structure, meaning shareholders who didn't renounce must pay future call money or risk dilution. The new shares are nearly 86% of the pre-issue count, which is a significant dilution event that could pressure the stock price in the near term.