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Latest news about Praveg

Praveg Limited Shareholders Approve Loans and Guarantees to Related Entities 1 day ago

Praveg Limited shareholders have approved a special resolution allowing the company to provide loans, guarantees, or security to Abhik Advertising Private Limited and other entities where directors have interests. The resolution passed with 93.89% overall approval, including 100% support from the Promoter Group and 99.28% from Public Shareholders. This decision, made under section 185 of the Companies Act, 2013, comes amid significant growth in the company's total assets (51.22%) and equity (57.02%) over the past year, despite a decrease in current assets and an increase in current liabilities.

Praveg Limited Reports 28.94% Revenue Growth in H1 FY26 Amid Expansion and Seasonal Challenges Nov 20, 2025

Praveg Limited Secures 35-Year Contract for Luxury Resort Development in Kutch Nov 18, 2025

Praveg Limited Cancels 856,976 Convertible Warrants Due to Non-Exercise Nov 17, 2025

Praveg Reports Q2 Net Loss Despite Revenue Growth; Secures New Contract for Rashtriya Ekta Diwas 2025 Nov 14, 2025

More news about Praveg

17Oct 25

Praveg Reports No Financial Impact Following Income Tax Department Search

Praveg Limited announced the conclusion of an Income Tax Department search at its registered office on October 17, 2025. The company confirmed no financial impact from the operation and stated that business activities remained stable throughout. Praveg reaffirmed its commitment to regulatory compliance and corporate governance, promising to provide further updates as material information becomes available.

26Sept 25

Praveg Unveils Adalaj Theme Park: A Premium Event Destination in Gujarat

Praveg Limited has opened the Praveg Adalaj Theme Park in Gujarat, developed through a 30-year PPP with Tourism Corporation of Gujarat Limited. Located on the Ahmedabad-Gandhinagar Highway, the park features world-class facilities including a Museum of Heritage & Culture, expansive event spaces, an amphitheatre, and ample parking. The venue offers unique event spaces like Jal Tarang and The Vaav, designed to host a variety of events from concerts to corporate gatherings.

05Sept 25

Praveg Communications Reports 161% Revenue Surge in Q2 FY22

Praveg Communications (India) Limited announced strong Q2 FY22 results with consolidated revenue reaching Rs. 891.34 lakhs, a 161% increase year-over-year. Profit soared by 265% to Rs. 169.34 lakhs. Half-year revenue grew 133% to Rs. 1,254.52 lakhs. The company reported no significant COVID-19 impact during the quarter, indicating business recovery. Unbilled services worth Rs. 113.10 lakhs were included in the revenue.

19Aug 25

SEBI Issues Show Cause Notice to Praveg Limited, Financial Impact Uncertain

Praveg Limited, listed on BSE, has received a show cause notice from SEBI for alleged violations of SEBI circular and LODR regulations. The notice, dated August 19, 2025, cites potential breaches of Clause I.A.3(a) of Annexure I to SEBI Circular No. CFD/DIL3/CIR/2017/21 and Regulation 11 of LODR Regulations. The company states that the financial impact cannot be quantified at this time. Praveg Limited has not provided additional comments on the allegations in its public filing.

04Aug 25

Praveg Limited Secures ₹4 Crore Contract for World Lion Day 2025 Celebration

Praveg Limited has been awarded a ₹3.99 crore contract by the Forest Department, Government of Gujarat, to manage the World Lion Day 2025 celebration. The event, featuring the Chief Minister of Gujarat, is scheduled for August 10, 2025, in Timdi, Gujarat. This one-time assignment demonstrates Praveg's growing presence in the event management sector and its ability to secure high-profile contracts.

30May 25

Praveg Reports Strong Q4 Results with 30.8% Revenue Growth, Declares Dividend

Praveg Limited announced impressive Q4 FY2024 results, with revenue increasing by 30.80% year-over-year to 425.00 million rupees. EBITDA rose by 27.10% to 108.00 million rupees, while net profit doubled to 30.00 million rupees. The company declared a dividend of 1 rupee per share. Despite strong growth, EBITDA margin slightly decreased to 25.41%. Quarter-on-quarter net profit declined from 76.00 million rupees in the previous quarter to 30.00 million rupees in Q4.

19May 25

Praveg Limited Expands Hospitality Portfolio with New Resort in Daman

Praveg Limited has launched Praveg Resort Kachigam, a high-end accommodation in Daman, expanding its hospitality portfolio. The resort is positioned as a premier island retreat, capitalizing on the growing demand for upscale leisure destinations in coastal areas. This strategic move aims to diversify the company's offerings and tap into new customer segments in the tourism market.

23Apr 25

Praveg Limited Announces Strategic Merger with Eulogia Inn, Eyes NSE Listing

Praveg Limited has approved a merger with Eulogia Inn Private Limited and plans to list on the National Stock Exchange of India. The share exchange ratio is set at 1,000 Praveg shares for every 6,683 Eulogia Inn shares. The merger aims to strengthen Praveg's presence in the hospitality sector, offering complementary business lines and operational synergies. Post-merger, promoter shareholding will increase to 50.23% from 45.50%. The deal is subject to regulatory and shareholder approvals.