PVP Ventures Limited — Important, 11-04-2025: Committee Meeting Updates

PVP Ventures has announced a board meeting where it has approved the allotment of 15,000 Secured, Rated, Listed Non-Convertible Debentures (NCDs) totaling INR 150 crore on a private placement basis. This includes 9,500 NCDs valued at INR 95 crore to LICHFL Housing & Infrastructure Fund and 5,500 NCDs worth INR 55 crore to LICHFL Real Estate Debt Opportunities Fund –I. These debentures carry an interest rate of 18% per annum plus a 1% redemption premium, with a 4-year tenure, aiming to strengthen the capital base. The positive outlook may enhance investor confidence while providing a structured financing option.