ALPHA TRIBE

PVP Ventures LimitedBoard Meeting, 07-02-2025: Outcome of Board Meeting

07-02-2025 | 03:33 pm

The Board of Directors of PVP Ventures Limited has approved fundraising through the issuance of Non-Convertible Debentures (NCDs). The proposal includes up to 9,500 NCDs aggregating ₹95 Cr and up to 5,500 NCDs aggregating ₹55 Cr, totaling ₹150 Cr. A Non-Convertible Debenture Committee has been constituted to manage the Offer Documents and the use of proceeds. Additionally, Mr. K Anandkumar has been appointed as the interim compliance officer. These developments reflect the company's strategic move towards enhancing its financial flexibility.

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