PVP Ventures has received an approval to issue up to 500 Rated, Redeemable, Secured, Listed Non-Convertible Debentures of Face Value of Rs 1 lakh each for cash at par, aggregating to Rs 50 crore on private placement basis in one or more series to the eligible investors. The board of directors at its meeting held on November 13, 2013 has approved for the same.
PVP Ventures is currently engaged in different business activities. Initially the major areas of operations of PVP Ventures included purchasing, acquiring and leasing of land, buildings, structures and properties to develop the same into townships, markets, residential, industrial or commercial complexes.
