BSEPVV Infra LtdMinimalNeutral
Announced Tue, 10 Feb · 12:28 IST

Rights Issue

Price

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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 has published newspaper advertisements for its proposed Rights Issue of partly paid-up equity shares, in compliance with SEBI ICDR Regulations. The company will issue up to 9,86,64,284 partly paid-up equity shares of Rs. 5 face value at Rs. 5 per share, aggregating up to Rs. 49.33 crores. The issue is offered in the ratio of 6 rights shares for every 7 fully paid-up shares held by eligible shareholders as on the record date of February 05, 2026. Shareholders need to pay only Rs. 1.25 per share now, with the remaining Rs. 3.75 payable at future calls. The issue opens on February 13, 2026 and closes on February 19, 2026, with on-market renunciation allowed until February 16, 2026. The ads were published in Business Standard (English and Hindi) and Sakshyam Telugu newspapers.

Likely market impact

Existing shareholders as on the record date can subscribe to these rights shares in the specified ratio or renounce their entitlements on-market. The partly paid-up structure reduces immediate cash outflow for investors, while the company raises up to Rs. 49.33 crores for business purposes. Promoters have confirmed they will not renounce their entitlements, signalling their support for the issue.