PVV Infra Limited has issued a Reminder Notice to holders of its partly paid-up equity shares regarding the outstanding First and Final Call Money of ₹3.75 per share. The payment window is open until November 9, 2026. Failure to pay within this period may lead to future actions, although forfeiture is not immediate. This notice aims to provide a final opportunity for shareholders to convert their shares to fully paid-up status.
PVV Infra Issues Reminder for Outstanding Share Payments
PVV Infra Limited has formally dispatched a Reminder Notice to shareholders who hold partly paid-up equity shares and have outstanding amounts for the First and Final Call Money. This notice serves as a crucial follow-up to the initial call money notice, providing shareholders with an additional opportunity to settle their dues.
Key Payment Details
The outstanding amount is ₹3.75 per partly paid-up equity share. The total amount due across all unpaid shares amounts to approximately ₹20.36 crore. The payment period for this reminder notice is set from Monday, October 26, 2026, to Monday, November 09, 2026, inclusive.
Purpose and Next Steps
The primary objective of this reminder is to facilitate the conversion of these partly paid-up equity shares into fully paid-up equity shares (ISIN: INE428B01021). The company emphasizes that this notice is not a forfeiture notice, and no shares are being threatened with forfeiture at this stage. PVV Infra intends to offer further opportunities should shareholders fail to meet the current payment deadline.
Payment Options and Instructions
Shareholders have two primary options for remitting the payment:
- NEFT/RTGS transfers to designated accounts at Neela Krishna Bank or AU Small Finance Bank. Specific account details, including account names, numbers, and IFSC codes, are provided.
- Deposit of Cheque / Demand Draft with the Registrar and Transfer Agent, Aarthi Consultants Private Limited.
Shareholders are urged to mention their DP ID – Client ID / Folio No. and ‘PVV Infra Call Money’ in the transaction narration for proper identification. Payment confirmation, including the UTR number, should be sent to the Registrar and Transfer Agent. Detailed instructions and a payment slip are available on the company’s website and enclosed with the notice.
Non-Payment Implications
The company reiterates that failure to pay by the stipulated deadline will not result in immediate forfeiture. However, any future decision regarding forfeiture will be communicated separately with the minimum prior notice as per the company’s Articles of Association. Shareholders are advised to carefully review the enclosed instructions before making any payment.
Source: BSE
