In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, PVV Infra has informed that the Board of Directors of the Company at their meeting held today on Wednesday, August 21, 2024, considered and approved the following business item: 1. Allotment of Bonus Shares : Pursuant to receipt of approval of shareholders of the company through Annual General meeting held on August, 02, 2024 and after receipt of in-principle approval from BSE vide letter no. LOD/Bonus/BNIP/DA/697/2024-25 dated August 07, 2024 respectively, the Board of Directors of the Company in their meeting held today has made allotment of 2,87,77,083 fully paid-up Bonus Equity Shares of Rs. 10/- each in the ratio 1:1 One Equity Share of Rs. 10/- each for every One Equity Share of Rs. 10/- each held by the shareholders of the Company as on the record date (August 20, 2024), in accordance with SEBI (ICDR) Regulations, 2018 and applicable rules. Accordingly, the paid-up equity share capital of the Company has increased from ‘2,87,77,083 equity shares of Rs. 10/- each, amounting to Rs. 28,77,70,830/’ to ‘5,75,54,166 equity shares of Rs. 10/- each, amounting to Rs 57,55,41,660/’. The Bonus Equity Shares as allotted above shall rank and carry the same rights with the existing Equity Shares of the Company in all respects. 2 Resignation of Venkata Srinivasa Murthy Gosala (DIN: 10616702) as Director of the Company: Took note of resignation of Venkata Srinivasa Murthy Gosala as Director of the Company effective 21st August 2024. Details required in terms of SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023 (‘SEBI Circular’) is attached as Annexure – A. The Board Meeting commenced at 10:00 am and concluded at 10:30 am.
The above information is a part of company’s filings submitted to BSE.
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