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PVP Ventures touches roof on receiving approval for scheme of amalgamation

25 Feb 2019 Evaluate

PVP Ventures is locked at upper circuit limit at Rs. 3.85, up by 0.35 points or 10.00% from its previous closing of Rs. 3.50 on the BSE.

The scrip opened at Rs. 3.75 and has touched a high and low of Rs. 3.85 and Rs. 3.60 respectively. So far 35343 shares were traded on the counter.

The BSE group 'Z' stock of face value Rs. 10 has touched a 52 week high of Rs. 7.25 on 23-Feb-2018 and a 52 week low of Rs. 2.96 on 11-Oct-2018.

Last one week high and low of the scrip stood at Rs. 3.85 and Rs. 3.25 respectively. The current market cap of the company is Rs. 94.35 crore.

The promoters holding in the company stood at 57.53%, while Institutions and Non-Institutions held 0.18% and 42.28% respectively.

PVP Ventures has received approval for the scheme of amalgamation amongst PVP Ventures, Picturehouse Media, PVP Media and PVP Cinema & their respective Shareholders and Creditors.

The scheme of amalgamation of PVP Cinema, wholly owned subsidiary of Picturehouse Media with Picturehouse Media, parent company and amalgamation of PVP Media Ventures, wholly owned subsidiary of PVP Ventures and Picturehouse Media with PVP Ventures. The Board of Directors of the Company at its meeting held on February 22, 2019 has approved the same.

PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.

PVP Ventures Share Price

32.58 -2.32 (-6.65%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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