PVP Ventures is entering into a share purchase agreement with Picturehouse Media for transfer of 81% of equity shares being held by the company in its material subsidiary -- New Cyberabad City Projects (NCCPPL). Therefore, upon completion of the aforesaid transfer, NCCPPL would cease to be a subsidiary of the Company. The consideration received from such sale will be Rs 32.56 crore.
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.
