PVV Infra Ltd — Updates, 07-05-2025: Company Update

PVV Infra Ltd. has announced a favorable judgment from the Commissioner of Income Tax (Appeals) that cancels a penalty of ₹33.75 Cr for the assessment year 2019-20. This ruling provides significant financial relief to the company, particularly related to sub-contract works, improving its fiscal position and reducing past liabilities. This outcome enhances the company’s cash flow and supports smoother operational execution going forward.