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PVP Ventures informs about strike off of wholly owned subsidiary

02 Jul 2025 Evaluate
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, PVP Ventures has informed that Safetrunk Services, a wholly owned subsidiary of PVP Ventures, has been struck off by the Registrar of Companies, Chennai. While an approval email was received from the Registrar of Companies (ROC), no formal certificate evidencing the striking off was issued. On the advice of the Practising Company Secretary (PCS), they raised multiple tickets with the Ministry of Corporate Affairs (MCA) for issuance of the Certificate of Striking Off. However, despite several follow-ups, the certificate was not issued by the ROC. Subsequently, they approached PCS once again. After conducting the necessary due diligence and verifying that the name of the company stands removed from the records of the ROC, the PCS has issued a certificate confirming that Safetrunk Services Private Limited has been struck off in toto. This certificate has been taken on record by the Company for its internal documentation and compliance purposes. A copy of the certificate issued by the PCS is enclosed for reference. Accordingly, Safetrunk Services shall be deemed to be struck off from the records of the Registrar of Companies with effect from 01st July 2025. 

The above information is a part of company’s filings submitted to BSE.

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