PVP Ventures' Material Subsidiary Files Compounding Application with NCLT Chennai

1 min read     Updated on 31 Jan 2026, 04:42 PM
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Overview

PVP Ventures Limited has disclosed that its material subsidiary, Biohygea Global Private Limited, has filed a compounding application before NCLT Chennai for certain past non-compliances under the Companies Act, 2013. The matter remains sub-judice with penalty quantum to be determined upon disposal. The company has stated no material impact on operations or financial position is expected from this development.

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PVP Ventures Limited has notified stock exchanges about a regulatory development involving its material subsidiary, as the company maintains transparency in compliance with listing obligations.

Subsidiary Files Compounding Application

Biohygea Global Private Limited, a material subsidiary of PVP Ventures, has filed an application before the National Company Law Tribunal, Chennai, seeking compounding of certain offences under various provisions of the Companies Act, 2013. The application pertains to certain past non-compliances that occurred previously.

Parameter: Details
Subsidiary Name: Biohygea Global Private Limited
Tribunal: National Company Law Tribunal, Chennai
Application Type: Compounding of offences
Legal Framework: Companies Act, 2013
Current Status: Sub-judice

Current Status and Implications

The matter is currently sub-judice, with the Hon'ble Tribunal yet to pass its order on the compounding application. The quantum of penalty, if any, will be determined only upon disposal of the application by the tribunal. This indicates that the final outcome and any associated financial implications remain pending the tribunal's decision.

Impact Assessment

PVP Ventures has clarified that there is no material impact on the operations or financial position of either the company or its subsidiary on account of this development. The company has emphasized that the application relates to past non-compliances and does not affect current business operations.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. PVP Ventures has committed to keeping stock exchanges informed of any further material developments regarding this matter, ensuring continued transparency with stakeholders.

The company's proactive disclosure demonstrates its commitment to maintaining regulatory compliance and keeping investors informed about developments that could potentially impact the organization, even when no immediate material impact is anticipated.

Historical Stock Returns for PVP Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.58%-3.15%-17.28%+46.05%+5.57%+424.52%

PVP Ventures Limited Sets Record Date for NCD Interest Payment and Partial Redemption

1 min read     Updated on 31 Jan 2026, 04:31 PM
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Reviewed by
Naman SScanX News Team
Overview

PVP Ventures Limited has fixed February 5, 2026 as the record date for interest payment and partial redemption of principal for its Non-Convertible Debentures, with payments scheduled for February 6, 2026. The announcement covers two ISIN series and has been communicated to stock exchanges in compliance with SEBI regulations.

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PVP Ventures Limited has announced the record date for interest payment and partial redemption of principal for its Non-Convertible Debentures (NCDs). The company has fixed February 5, 2026 as the record date, with the actual payment scheduled for the following day.

Record Date and Payment Details

The company has set specific dates for the NCD-related payments, ensuring compliance with regulatory requirements. The record date determination allows the company to identify eligible debenture holders for the upcoming payments.

Parameter Details
Record Date Thursday, February 5, 2026
Payment Date Friday, February 6, 2026
Payment Type Principal and Interest
ISIN Series INE362A07054, INE362A07047

Debenture Series Coverage

The announcement covers two distinct ISIN series of Non-Convertible Debentures issued by the company. Both series follow identical payment schedules and terms for this particular interest payment and partial redemption cycle.

Eligibility Criteria

The interest payment and partial redemption of principal will be made exclusively to debenture holders whose names appear in the Register of Debenture Holders or the list of beneficial owners as on February 5, 2026. This ensures that only legitimate stakeholders as of the record date receive the payments.

Regulatory Compliance

The intimation has been submitted to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 60(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company trades on NSE under the equity symbol PVP and on BSE under scrip code 517556. The announcement was signed by Prasad V. Potluri, Chairman & Managing Director, on January 31, 2026.

Historical Stock Returns for PVP Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.58%-3.15%-17.28%+46.05%+5.57%+424.52%

More News on PVP Ventures

1 Year Returns:+5.57%