Description
BSE announces listing of 9,86,64,284 partly paid-up equity shares of PVV Infra Ltd. on the Exchange effective February 27, 2026, under Group X with scrip code 890233.
Summary
BSE has notified trading members that 9,86,64,284 partly paid-up equity shares of PVV Infra Ltd., issued on a rights basis, will be listed and permitted to trade on the Exchange effective Friday, February 27, 2026, under the ‘X’ Group of Securities with scrip code 890233.
Key Points
- Effective Date: February 27, 2026
- Securities: 9,86,64,284 equity shares of Rs. 5/- each, partly paid-up at Rs. 1.25/-
- Scrip Code: 890233
- Group: X
- Market Lot: 1
- Scrip ID (BOLT): PVVIPP
- ISIN: IN9428B01029
- Face Value: Rs. 5/-
- Paid-up Value: Rs. 1.25/- (on application)
- Issue Price: Rs. 5/- (Rs. 1.25/- paid on application; Rs. 3.75/- payable in one or more subsequent calls)
- Distinctive Numbers: 1 – 98664284
- Date of Allotment: February 23, 2026
- Dividend Entitlement: Proportionate to the amount paid-up
Regulatory Changes
The temporary ISIN No. IN8428B01046 has been suspended in accordance with SEBI Circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) relating to activation of ISIN for additional issues of shares/securities.
Compliance Requirements
- Trading members must update their systems to recognize the new scrip code 890233 and ISIN IN9428B01029 for PVV Infra Ltd. partly paid-up shares.
- The suspended temporary ISIN IN8428B01046 must no longer be used for trading.
- Dividend calculations must be handled proportionately based on the paid-up amount (Rs. 1.25/- per share at this stage).
Important Dates
- Allotment Date: February 23, 2026
- Listing / Trading Commencement Date: February 27, 2026
Impact Assessment
This listing is limited in scope and affects investors and traders dealing in PVV Infra Ltd. rights entitlements. The shares are partly paid-up, with only Rs. 1.25/- of the Rs. 5/- face value collected; remaining calls (Rs. 3.75/-) will be determined by the Board at its discretion. Traders should be aware of the partly paid-up nature of the securities, which affects valuation and dividend entitlement. The placement under Group X indicates these are securities subject to special trading conditions on BSE.
Impact Justification
Routine rights issue listing for a single company; affects only PVV Infra Ltd. shareholders and traders. No broad market or regulatory policy change involved.