PVP Ventures submits updated FY26 annual report with addendum and corrigendum
- PVP Ventures Limited filed an updated FY2025-26 Annual Report on October 6, 2026, incorporating an addendum (August 20) and a corrigendum (August 29) to the original report submitted August 14, 2026.
- The addendum includes a Regulation 45(3) compliance certificate certifying that 77% of company assets (₹179.40 crore) are invested in the new healthcare activity, satisfying the 50% threshold for the proposed name change to Evervie Health Limited.
- The corrigendum revises AGM Item No. 10 to include the re-appointment of Prasad V. Potluri as Chairman and Managing Director for five years from the conclusion of the 35th AGM.
- On a standalone basis, the company turned profitable in FY2025-26 with a profit after tax of ₹72.32 lakhs versus a loss of ₹390.40 lakhs in FY2024-25; standalone revenue from operations rose to ₹3,292.29 lakhs from ₹1,690.24 lakhs.
- The company completed acquisitions of majority stakes in Biohygea Global Private Limited, Optimus Oncology Private Limited, and 7Med India Private Limited during the year, and issued NCDs aggregating ₹150 crores.

*this image is generated using AI for illustrative purposes only.
PVP Ventures Limited submitted an updated Annual Report for FY2025-26 to the stock exchanges on October 6, 2026, incorporating two post-submission modifications to the original report filed on August 14, 2026.
Nature of the Updates
The updated report includes two distinct changes, both of which are enclosed alongside the original Annual Report:
| S. No. | Particulars | Details |
|---|---|---|
| 1 | Addendum to the Annual Report | Issued on August 20, 2026; enclosed with the copy of the Annual Report submitted on August 14, 2026 |
| 2 | Corrigendum to the Annual Report | Issued on August 29, 2026; enclosed with the copy of the Annual Report submitted on August 14, 2026 |
The company confirmed that apart from these changes, there is no change in the financial statements and other material information contained in the Annual Report already submitted to the stock exchanges.
Addendum: Compliance Certificate for Name Change
The addendum, dated August 20, 2026, pertains to a compliance certificate issued by a practising chartered accountant under Regulation 45(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certificate relates to Item No. 5 of the AGM Notice concerning the proposed change of the company's name from PVP Ventures Limited to Evervie Health Limited.
The certificate, issued by M/s CNGSN & Associates LLP, Chartered Accountants, certifies compliance with Regulation 45(1) of the SEBI LODR Regulations. Key findings from the certificate include:
- A period of at least one year has elapsed since the last change of name of the company, satisfying Regulation 45(1)(a).
- The amount invested by the company in the new healthcare activity is ₹179.40 crore, representing 77% of the company's assets as defined under the Explanation to Regulation 45, thereby satisfying the minimum 50% threshold under Regulation 45(1)(c).
The assets of the company for the purpose of Regulation 45, based on the audited financial statements as on March 31, 2026, are summarised below:
| Particulars | Amount (₹ crore) |
|---|---|
| Fixed Assets | 3.83 |
| Advances (project-specific to new activity) | 0 |
| Work-in-Progress / Inventories | 47.56 |
| Investments | 179.90 |
| Trade Receivables | 1.27 |
| Cash & Cash Equivalents | 0.22 |
| Total Assets for Regulation 45 | 232.78 |
Corrigendum: Revision to AGM Agenda Item No. 10
The corrigendum, dated August 29, 2026, amends the title and resolution text of Item No. 10 in the Notice of the 35th Annual General Meeting. The original item was titled "Approval of Payment of Managerial Remuneration to Mr. Prasad V. Potluri, Chairman and Managing Director and Payment of Fees Towards Collateral Securities and Personal Guarantees Provided by Him."
The revised title reads: "Re-appointment and Approval of Payment of Managerial Remuneration to Mr. Prasad V. Potluri, Chairman and Managing Director and Payment of Fees Towards Collateral Securities and Personal Guarantees Provided by Him."
The revised resolution now additionally seeks member approval for the re-appointment of Prasad V. Potluri as Chairman and Managing Director for a period of five years commencing from the conclusion of the 35th AGM until the conclusion of the Annual General Meeting to be held in the year 2031. The proposed managerial remuneration of ₹5,00,00,000 (Rupees Five Crores only) for FY2026-27, and the fee structure of 2% per annum on collateral securities and 1% per annum on personal guarantees, remain unchanged from the original notice.
All other contents of the AGM Notice and the Annual Report for FY2025-26 remain unchanged.
Financial Highlights from the Annual Report
The Annual Report for FY2025-26 discloses the following summarised financial results (₹ in Lakhs):
| Particulars | Standalone FY26 | Standalone FY25 | Consolidated FY26 | Consolidated FY25 |
|---|---|---|---|---|
| Total Income | 5,341.55 | 2,818.48 | 11,296.21 | 3,861.18 |
| Profit/(Loss) before Tax | 104.77 | (544.55) | (846.77) | (885.00) |
| Profit/(Loss) after Tax | 72.32 | (390.40) | (996.35) | (856.11) |
| Total Comprehensive Income/(Loss) | 389.05 | (473.78) | 692.84 | (936.11) |
| Earnings per Share (₹) | 0.03 | (0.15) | (0.26) | (0.26) |
On a standalone basis, the company reported a profit after tax of ₹72.32 lakhs for FY2025-26 compared to a loss of ₹390.40 lakhs in FY2024-25. Standalone revenue from operations stood at ₹3,292.29 lakhs against ₹1,690.24 lakhs in the previous year.
During the year, the company completed the acquisition of majority stakes in Biohygea Global Private Limited, Optimus Oncology Private Limited, and 7Med India Private Limited. The company also issued Non-Convertible Debentures aggregating ₹150 crores on a private placement basis, comprising 9,500 Series A debentures and 5,500 Series B debentures, each of face value ₹1,00,000.
Historical Stock Returns for PVP Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.98% | -14.46% | -25.91% | +105.30% | +68.08% | +948.75% |
How will the 77% asset allocation to healthcare activities impact PVP Ventures' future capital expenditure plans and liquidity management?
What are the expected synergies and revenue growth trajectories from the recent acquisitions of Biohygea, Optimus Oncology, and 7Med India?
How might the re-appointment of Prasad V. Potluri for five years influence the strategic direction of the newly branded Evervie Health Limited?


































