PVV Infra Ltd. has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda for the meeting is to consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2026. The meeting is being convened pursuant to Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Consideration

The board will deliberate upon the financial performance of the company for the fourth quarter and the full fiscal year 2026. The approval of both standalone and consolidated audited financial results is listed as the key business to be transacted during the meeting.

Trading Window Closure

In continuation of a previous intimation dated March 30, 2026, the company has reiterated that the trading window for dealing in the shares of the company is closed for all designated persons. This closure, effective from April 1, 2026, is in accordance with the company's Code of Conduct framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain closed until 48 hours after the financial results are made public.

Meeting Details

The intimation regarding this board meeting has been uploaded on the company's official website.

PVV Infra Limited has scheduled an Extraordinary General Meeting (EGM) on June 13, 2026, to seek shareholder approval for raising capital through a preferential issue of Convertible Equity Share Warrants. The meeting will be held via Video Conferencing and Other Audio Visual Means. The company plans to issue up to 6,65,00,000 warrants at a price of ₹7.50 per warrant, including a premium of ₹2.50, aggregating to ₹49.87 crore.

Preferential Allotment Details

The proceeds from the issuance will be utilised for ongoing and future expansion projects, including NHAI Wayside Amenities infrastructure projects, modernisation of existing operations, and general corporate purposes. The warrants will be issued on a preferential basis to 28 allottees, including promoter entity Pinnamaneni Estates Private Limited and various non-promoter investors.

Each warrant entitles the holder to one equity share upon payment of the balance amount within 18 months from the date of allotment. At least 25% of the issue price is payable upfront, with the balance due at the time of conversion. The issue price of ₹7.50 per warrant is higher than the adjusted floor price of ₹5.07 per equity share determined by an independent registered valuer.

Increase in Authorised Capital

To facilitate the proposed preferential issue and accommodate future business requirements, the company seeks approval to increase its authorised share capital. The board proposes to raise the authorised capital from ₹120 crore, divided into 24 crore equity shares of ₹5 each, to ₹170 crore, divided into 34 crore equity shares of ₹5 each. This change necessitates an alteration of Clause V of the Memorandum of Association.

Appointment of Independent Director

The EGM agenda also includes the appointment of Mrs. Deepika Sharma (DIN: 08390184) as an Independent Director. She was appointed as an Additional Director on May 14, 2026, and the board recommends her appointment for a term of five consecutive years, commencing from May 14, 2026, to May 13, 2031. Mrs. Sharma brings over 15 years of experience in the real estate and infrastructure sector.

Voting and Timelines

Remote e-voting for the EGM will commence on June 10, 2026, at 9:00 A.M. IST and conclude on June 12, 2026, at 5:00 P.M. IST. The cut-off date for determining shareholders eligible to vote is June 5, 2026. The results of the meeting will be announced on or before June 13, 2026.