PVP Ventures
30.23
-0.87(-2.80%)
Market Cap₹787.20 Cr
PE Ratio-134.78
IndustryRealty
Company Performance:
1D-2.80%
1M-18.12%
6M+48.99%
1Y+4.06%
5Y+425.74%
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More news about PVP Ventures
25Oct 25
PVP Ventures CEO Arjun Ananth Steps Down, Company Seeks Global Talent for Replacement
Arjun Ananth, CEO and Whole Time Director of PVP Ventures Limited, has resigned effective October 25, 2025. The company is in advanced discussions with global talent from reputed institutions to enhance its senior leadership and strengthen the Board. PVP Ventures assures compliance with SEBI regulations and plans to announce new appointments shortly.
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25Sept 25
PVP Ventures Appoints ARS & Associates as Secretarial Auditor for Five-Year Term
PVP Ventures Limited has appointed M/s. ARS & Associates Company Secretaries LLP as its Secretarial Auditor for a five-year term from 2025-26 to 2029-30. The appointment was approved by shareholders at the company's 34th AGM on September 25, 2025, in compliance with SEBI regulations. ARS & Associates, established in 2016, is a peer-reviewed firm with expertise in secretarial and compliance services. The firm has no association with PVP Ventures' directors, ensuring independence in their role.
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05Sept 25
PVP Ventures Reports Q2 FY2021 Losses, Announces Leadership Changes and AGM Date
PVP Ventures Ltd disclosed Q2 and H1 FY2021 results, reporting net losses of Rs 600.08 lakhs and Rs 1,228.79 lakhs respectively. The company announced leadership changes, including the resignation of CFO T N Madan and appointment of Karthikeyan as the new CFO. The Board also accepted the resignation of statutory auditor Brahmayya & Co., appointing Sundaram & Srinivasan as replacement. PVP Ventures faces financial challenges with unpaid debenture obligations of Rs 8,305.94 lakhs and current liabilities exceeding current assets by Rs 11,981.62 lakhs. Auditors raised concerns about investment recoverability, corporate guarantees, and the company's ability to continue as a going concern.
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28Aug 25
PVP Ventures Acquires Majority Stake in Healthcare Platform 7Med India
PVP Ventures, a diversified company, has acquired a 41.2% stake in 7Med India Pvt. Ltd., a renal care and healthcare platform. This acquisition makes PVP Ventures the majority shareholder in 7Med India, marking a significant expansion into the healthcare sector. The move represents a strategic diversification for PVP Ventures, positioning it to play an active role in the growing healthcare industry, particularly in specialized renal care services.
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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.
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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.
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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.
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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.
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PVP Ventures
30.23
-0.87
(-2.80%)
1 Year Returns:+4.06%
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