PVP Ventures
31.50
-0.57(-1.78%)
Market Cap₹820.30 Cr
PE Ratio-127.48
IndustryRealty
Company Performance:
1D-1.78%
1M+7.95%
6M+36.72%
1Y+11.62%
5Y+447.83%
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More news about PVP Ventures
25Jul 25
Madras High Court Quashes GST Demand Notices for PVP Ventures in Joint Development Case
The Madras High Court has ruled that no GST is leviable on landowners in joint development arrangements, quashing GST demand notices issued to PVP Ventures Limited. The court set aside demand notices dated July 22, 2024, and January 17, 2025, related to a joint development agreement between PVP Ventures and a developer. This ruling clarifies the GST liability position for landowners in such arrangements and could have significant implications for the real estate sector across India.
09Jun 25
SEBI Seeks Additional Clarifications from PVP Ventures
The Securities and Exchange Board of India (SEBI) has requested PVP Ventures Limited to provide additional clarifications and supporting documents. The specific nature of the clarifications sought remains undisclosed. This regulatory inquiry could potentially impact investor confidence and may require prompt action from the company to gather and submit the required information. PVP Ventures has not yet released any public statement regarding the nature of the clarifications or their response timeline.
23Apr 25
PVP Ventures Expands Healthcare Portfolio with Strategic Acquisitions
PVP Ventures Limited has acquired a 52% stake in Biohygea Global (Medilabs) for 70 million rupees and a 56% stake in Optimus Oncology Private Limited for 547.30 million rupees. These acquisitions mark PVP's transition from real estate to healthcare services, focusing on Tier 2 and 3 cities in India. The company expects to generate over 20 billion rupees from its real estate developments in the next six years to fund healthcare growth. Additionally, PVP appointed B. Vignesh Ram as Company Secretary & Compliance Officer.
23Apr 25
PVP Ventures Expands into Oncology Care with 56% Stake Acquisition in Optimus Oncology
PVP Ventures Limited is acquiring a 56.01% stake in Optimus Oncology Private Limited for Rs 54.73 crore, marking its entry into the healthcare sector. Optimus Oncology, founded in 2018, specializes in radiation therapy for cancer care. The acquisition aligns with PVP Ventures' strategy to build a technology-centric healthcare services platform. The deal is expected to close within 90 days from April 23, 2025. Separately, PVP Ventures appointed Mr. B. Vignesh Ram as Company Secretary & Compliance Officer.
PVP Ventures
31.50
-0.57
(-1.78%)
1 Year Returns:+11.62%
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