pvv infra has entered a strategic collaboration with Reliance BP Mobility Limited to develop and operate a wayside amenity at Site JHT010 in Kokpara, Jharkhand. The Board of Directors approved the arrangement on June 05, 2026, under a Build-Operate-Transfer model, marking a significant expansion in the company's infrastructure vertical. The collaboration follows a Non-Disclosure Agreement executed between the parties on May 26, 2026.

The project covers approximately 8,871 sqm of offered space along NH-49, with a lease tenure of 29 years that includes an 8-year lock-in period. The agreement provides a 10-month rent-free fit-out period from the date of site handover, with no revenue share specified. The definitive License Agreement is currently being finalised and will be executed shortly, with disclosure to follow in accordance with SEBI regulations.

Key Details of the Arrangement

Corporate Governance Updates

Separately, the Board approved the adoption of a new corporate logo effective June 05, 2026. The new logo reflects the company's three existing business verticals: Solar Energy, WSA Infrastructure, and Real Estate Development. The company confirmed that there is no change in the nature of business resulting from this rebranding.

The Board also sanctioned the establishment of a new corporate office in Mumbai on a leave and license basis. Located at B-202 Universal Paradise, Nanda Patkar Road, Vile Parle (East), the office will facilitate business development, investor relations, and stakeholder engagement. This operational addition does not alter the company's registered office address.

pvv infra has secured shareholder approval to shift its registered office from Andhra Pradesh to Maharashtra and appointed four directors to its board, including a new Managing Director. The resolutions were passed through a postal ballot process that concluded on May 24, 2026, with the requisite majority as per Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The shift in registered office necessitates a consequential amendment in the Memorandum of Association to reflect the change in jurisdiction, subject to approval from the Central Government and other applicable authorities. The postal ballot, conducted via remote e-voting from April 25, 2026, to May 24, 2026, saw strong participation, with over 99% of valid votes cast in favour of the resolution.

Mr. Shubh Gangully was appointed as the Managing Director for a period of five years effective April 21, 2026. Mr. Gadde Rama Krishna was appointed as a Whole-time Director for a term of five years effective April 21, 2026. Both appointments are subject to the provisions of the Companies Act, 2013.

The board will also include two new Independent Directors. Mr. Shrikant Pathak and Mr. Krishna Karthik Pothur were appointed as Independent Directors for a term of five years effective April 21, 2026, until April 20, 2031. They are not liable to retire by rotation. The detailed voting results were scrutinized by Mr. Vinay Babu Gade, Practicing Company Secretary.

Appointments Approved