Description
PVV INFRA LIMITED has fixed Record Date of February 5, 2026 for rights issue of 6 equity shares for every 7 shares held at Rs.5/- per share.
Summary
PVV INFRA LIMITED (Scrip Code: 536659) has announced a rights issue with Record Date set for February 5, 2026. Existing shareholders will be entitled to subscribe to 6 new equity shares for every 7 equity shares held. The shares will be issued at par value of Rs.5/- per share. Trading in the company’s equity shares will be conducted on an ex-rights basis effective February 5, 2026 (Settlement No. DR-814/2025-2026).
Key Points
- Record Date: February 5, 2026
- Rights Ratio: 6 new equity shares for every 7 existing shares held
- Issue Price: Rs.5/- per share (at par)
- Face Value: Rs.5/- per equity share
- Payment Structure: Rs.1.25 per share on application, Rs.3.75 per share on first and final call
- Ex-Rights Trading: Commences February 5, 2026
- Settlement Number: DR-814/2025-2026
- Scrip Code: 536659
Regulatory Changes
No regulatory changes. This is a corporate action notification regarding a rights issue by PVV INFRA LIMITED.
Compliance Requirements
- Trading members must ensure all transactions in PVV INFRA LIMITED equity shares are conducted on an ex-rights basis from February 5, 2026 onwards
- Members must note the record date and settlement number for processing trades
- Shareholders eligible as on the record date will receive rights entitlements
Important Dates
- February 1, 2026: Notice date
- February 5, 2026: Record date for rights issue eligibility
- February 5, 2026: Ex-rights trading commences (Settlement No. DR-814/2025-2026)
Impact Assessment
Shareholder Impact: Existing shareholders of PVV INFRA LIMITED as of the record date will have the opportunity to subscribe to additional shares at par value. The rights issue offers a 6:7 ratio, representing an 85.71% increase in shareholding for those who fully subscribe.
Market Impact: Trading will be adjusted to ex-rights basis from February 5, 2026. The theoretical ex-rights price will be lower than the cum-rights price to reflect the dilution from the rights issue.
Payment Terms: The staggered payment structure (Rs.1.25 on application and Rs.3.75 on call) allows shareholders to subscribe with partial upfront payment, with the balance payable later on first and final call.
Impact Justification
Rights issue affects existing shareholders of PVV INFRA LIMITED with subscription opportunity. Medium impact limited to company's shareholder base.