PVV Infra Limited’s Board of Directors has approved the conversion of 1,17,61,207 partly paid-up equity shares into fully paid-up equity shares. This move increases the company’s paid-up share capital to ₹82,81,15,783, comprising 14,95,73,336 fully paid-up shares. The board also decided to issue a reminder notice for the remaining unpaid call money on 6,41,99,280 partly paid-up shares.
Board Approves Share Conversion
PVV Infra Limited announced that its Board of Directors, during a meeting held on Friday, September 04, 2026, has approved the conversion of 1,17,61,207 partly paid-up equity shares into fully paid-up equity shares. These shares, with a face value of ₹5/- each and ₹1.25/- paid-up, will now become fully paid-up shares with a face value of ₹5/- each and ₹5/- paid-up, carrying the ISIN INE428B01021.
Impact on Capital Structure
Following this conversion, the company’s paid-up share capital is set to increase to ₹82,81,15,783. This will be represented by a total of 14,95,73,336 fully paid-up equity shares, along with 6,41,99,280 partly paid-up Rights Equity Shares, which retain their ₹1.25/- paid-up status.
Action on Unpaid Calls
In addition, the Board has resolved to issue a reminder notice to the holders of the remaining 6,41,99,280 partly paid-up Rights Equity Shares. This notice will provide an opportunity to pay the outstanding First and Final Call Money, aggregating to ₹24,07,47,300, to convert these shares into fully paid-up equity shares. Further details regarding the payment period and mode of payment will be communicated separately.
The Board Meeting commenced at 4:30 PM (IST) and concluded at 5:30 PM (IST).
Source: BSE
