PVP Ventures accepts resignation of CS B Vignesh Ram effective September 11

1 min read | Published on 07 Sept 2026, 12:00 PM |Updated on 07 Sept 2026, 12:08 PM

Reviewed by

Anirudha BScanX News Team

Add as a preferred
source on Google

Key Highlights

PVP Ventures accepted the resignation of CS B Vignesh Ram effective September 11, 2026
The Board approved the change during its meeting on September 7, 2026
Vinay Paruchuru appointed as new CS effective September 14, 2026
Mr. Ram cited personal reasons for his departure from the role

*this image is generated using AI for illustrative purposes only.

PVP Ventures has accepted the resignation of B Vignesh Ram as Company Secretary and Compliance Officer, effective September 11, 2026. The Board of Directors approved the change during its meeting on September 7, 2026.

Mr. Ram cited personal reasons for his departure. The company filed the announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.

Resignation Details

The Board also approved the appointment of Vinay Paruchuru as the new Company Secretary and Compliance Officer, effective September 14, 2026. This ensures continuity in compliance functions following Mr. Ram's exit.

Mr. Paruchuru brings over 15 years of experience in corporate secretarial functions. His background includes roles at Pokarna Limited and the Kapil Group. He has handled compliance for listed entities across Singapore, Indonesia, and the United States.

Regulatory Filing

The disclosure references SEBI Master Circular no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The filing confirms no relationship issues between directors regarding this change.

Particulars	Details
Outgoing CS	B Vignesh Ram
Resignation Date	September 11, 2026
Reason	Personal reasons
Incoming CS	Vinay Paruchuru
Effective Date	September 14, 2026

Historical Stock Returns for PVP Ventures

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.25%	+3.91%	+142.73%	+144.83%	+183.20%	0.0%

How might Vinay Paruchuru's international compliance experience influence PVP Ventures' potential expansion into foreign markets?

Are there any pending regulatory investigations or compliance audits that could be impacted by this leadership transition?

What does the short three-day gap between resignation and new appointment suggest about the board's preparedness for succession planning?

PVP Ventures

View Company Insights

View All News

PVP Ventures issues corrigendum to AGM notice for Potluri re-appointment

1 min read | Published on 29 Aug 2026, 02:22 PM |Updated on 29 Aug 2026, 02:22 PM

Reviewed by

Jubin VScanX News Team

Add as a preferred
source on Google

Key Highlights

PVP Ventures corrected its 35th AGM notice to include re-appointment of CMD Prasad V. Potluri
The meeting is scheduled for September 7, 2026
Remuneration of ₹5 crore is proposed for FY26-27 despite inadequate profits
Fees of 2% on collateral and 1% on guarantees are also sought

*this image is generated using AI for illustrative purposes only.

PVP Ventures issued a corrigendum to the notice of its 35th Annual General Meeting scheduled for September 7, 2026. The company clarified that Item No. 10 must include the re-appointment of Chairman and Managing Director Mr. Prasad V. Potluri.

The original resolution sought approval for managerial remuneration and fees for collateral securities. The corrected text explicitly adds re-appointment to the scope of the special resolution.

Resolution Details

The amended Item No. 10 seeks member consent for the following actions under the Companies Act, 2013:

Re-appointment of Mr. Prasad V. Potluri (DIN: 00179175) as Chairman and Managing Director for five years from the conclusion of the AGM until the conclusion of the AGM in 2031.
Payment of managerial remuneration of ₹5 crore for FY26-27, notwithstanding inadequate profits, pursuant to Section 197 read with Schedule V.
Payment of fees at 2% per annum on collateral securities and 1% per annum on personal guarantees provided by him for company loans.

Key Particulars

Particulars	Details
Name	Mr. Prasad V. Potluri
Designation	Chairman & Managing Director
DIN	00179175
Term	Five Years
Shareholding	Nil
First Appointment	December 4, 2007

All other contents of the AGM notice, including the explanatory statement, remain unchanged.

Historical Stock Returns for PVP Ventures

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.25%	+3.91%	+142.73%	+144.83%	+183.20%	0.0%

How might the approval of ₹5 crore in managerial remuneration despite inadequate profits impact PVP Ventures' cash flow and operational liquidity in FY26-27?

What are the potential implications for minority shareholders given that the Chairman and Managing Director holds nil shareholding while securing a five-year re-appointment?

How does the requirement for collateral securities and personal guarantees affect Mr. Potluri's personal financial risk exposure relative to the company's debt obligations?

PVP Ventures

View Company Insights

View All News