PVP VENTURES LTD.
NSE : PVPBSE : 517556ISIN
CODE : INE362A01016Industry : Construction - Real EstateHouse
: PVP Ventures - MNC
BSE29.03-1.09 (-3.62 % )
PREV CLOSE (Rs.) 30.12
OPEN PRICE (Rs.) 30.26
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 92451
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE28.80 -1.3 (-4.32 % )
PREV CLOSE(Rs.) 30.10
OPEN PRICE (Rs.) 30.40
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 28.80 (481 )
VOLUME 295139
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 22-Feb-2024 | PVP Ventures executes JDA with Brigade Enterprises | <p style="text-align: justify;">PVP Ventures (PVP) has executed a Joint Development Agreement (JDA) with Brigade Enterprises for a residential project in the heart of Chennai. With this, PVP has fast-tracked the monetization of its prized land asset in the Chennai region. This development is expected to be amongst the largest residential projects in central Chennai. The project will encompass over 2.5 million square feet of residential inventory reflecting Brigade's design excellence and construction standards.</p><p style="text-align: justify;">As per the terms of the JDA, PVP Ventures will not incur any costs towards the development and is contracted to receive a 40 percent share of the revenue emanating from the entire sales of the project. The company expects its share of cash flows from this project to be in excess of Rs 1000 crore over a 5-year time frame.</p><p style="text-align: justify;">PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.</p> |
| 22-Feb-2024 | PVP Ventures touches roof on executing JDA with Brigade Enterprises | <p style="text-align: justify;">PVP Ventures is locked its upper circuit limit at Rs. 25.01, up by 1.19 points or 5.00% from its previous closing of Rs. 23.82 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 25.01 and has touched a high and low of Rs. 25.01 and Rs. 25.01 respectively. So far 72064 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.00 on 21-Feb-2024 and a 52 week low of Rs. 5.93 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 26.00 and Rs. 21.11 respectively. The current market cap of the company is Rs. 651.27 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 61.40%, while Institutions and Non-Institutions held 1.11% and 37.49% respectively.</p><p style="text-align: justify;">PVP Ventures (PVP) has executed a Joint Development Agreement (JDA) with Brigade Enterprises for a residential project in the heart of Chennai. With this, PVP has fast-tracked the monetization of its prized land asset in the Chennai region. This development is expected to be amongst the largest residential projects in central Chennai. The project will encompass over 2.5 million square feet of residential inventory reflecting Brigade's design excellence and construction standards.</p><p style="text-align: justify;">As per the terms of the JDA, PVP Ventures will not incur any costs towards the development and is contracted to receive a 40 percent share of the revenue emanating from the entire sales of the project. The company expects its share of cash flows from this project to be in excess of Rs 1000 crore over a 5-year time frame.</p><p style="text-align: justify;">PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.</p> |
| 22-Feb-2024 | UltraTech Cement, LTIMindtree and L&T Finance Holdings to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">UltraTech Cement</span> has commissioned a 1.8 mtpa brownfield cement capacity at Kotputli, Rajasthan. This additional capacity will help UltraTech to service the markets in Rajasthan and NCR. With this commissioning, the company's total grey cement manufacturing capacity in Rajasthan, alongwith its wholly owned subsidiary will be 18.9 mtpa and its total grey cement manufacturing capacity in India will stand augmented to 137.39 mtpa.</p><p style="text-align: justify;"><span style="font-weight: bold;">LTIMindtree </span>has signed a Memorandum of Understanding (MoU) with Eurolife FFH, a leading insurance company in Athens, Greece powered by Fairfax Digital Services, to establish first-of-its-kind Gen AI and Digital Hub in Athens and dedicated facilities in Poland, Europe and Mumbai, India. As a part of this association, Eurolife FFH will set up Generative AI and Digital Hub in Athens to develop innovative solutions for insurance businesses in Greece and LTIMindtree will provide deep domain expertise and support from its dedicated facilities in Poland and Mumbai.</p><p style="text-align: justify;"><span style="font-weight: bold;">L&T Finance Holdings</span> has raised Rs 221 crore through allotment of 22,100 Listed, Secured, Rated, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 on private placement basis. </p><p style="text-align: justify;"><span style="font-weight: bold;">63 Moons Technologies </span>has entered into the critical realm of cybersecurity. Given the unprecedented scale and viciousness of cyberattacks, cybersecurity is paramount for all individuals, corporate entities, and countries. In this regard, the company has introduced pathbreaking products and services, enabled through its three verticals - CYBX (for every mobile phone), 63 SATS (for every enterprise server) and CYBERDOME (for every city, every state, and the country). They are powered by a Centralised Security Operations Nerve Centre (SOC) & supported by a decentralised franchise network.</p><p style="text-align: justify;"><span style="font-weight: bold;">Bharti Airtel </span>has launched four new, next-gen Company owned stores in the city of Bhubaneshwar. The new stores that have come up in Jharpada, Siripur, District Centre and Acharya Vihar will strengthen Airtel's retail presence and will offer unparalleled service experience to customers. The stores will also showcase Airtel's cutting-edge technologies across its portfolio.</p><div style="text-align: justify;"><p><span style="font-weight: bold;">PVP Ventures</span> has executed a Joint Development Agreement (JDA) with Brigade for a residential project in the heart of Chennai. With this, PVP has fast-tracked the monetization of its prized land asset in the Chennai region. This development is expected to be amongst the largest residential projects in central Chennai. The project will encompass over 2.5 million square feet of residential inventory reflecting Brigade's design excellence and construction standards.</p><p>Dow Jones, a global provider of news and business information, and <span style="font-weight: bold;">Infosys </span>have announced the rollout of a new and enhanced WSJ Preference Center featuring updated controls to help subscribers customize their digital experience. These expanded personalization choices now available at https://www.wsj.com/preference-center/ enables users to tailor their digital experience, thereby improving relevancy and surfacing reporting and insights they don't want to miss.</p></div> |
| 13-Feb-2024 | Pvp Ventures informs about updates | <div>Pvp Ventures has informed that the Company has received a request letter dated February 12, 2024 from Sai Padma Potluri, a person belonging to Promoter and Promoter Group, for reclassifying her from ‘Promoter/Promoter Group' to ‘Public Category'. The request received for reclassification by the promoter would be taken up for consideration by the Board of Directors in their meeting scheduled on February 13, 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 20-Dec-2023 | Pvp Ventures informs about disclosure | <div>Pvp Ventures has informed that it enclosed disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 20, 2023 for Platex.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 20-Dec-2023 | PVP Ventures informs about revised disclosure | <p style="text-align: justify;">PVP Ventures has informed that the exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 20, 2023 for Jhansi Sureddi.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 24-Aug-2023 | PVP Ventures gets nod to acquire stake in Humain Healthtech | <p style="text-align: justify;">PVP Ventures has received approval for the acquisition of 10,000 equity shares (Purchase Shares) of Rs 10 of Humain Healthtech (HHTPL) for a consideration of Rs 22.49 crore (Total Consideration). The consideration payable shall be partly discharged by way of issue and allotment of 1,29,00,000 equity shares of the company (Subscription Shares) having face value of Rs 10 each, at a price not less than the price determined in accordance with Chapter V of the SEBI Regulations (Share Consideration), and the remaining being paid as cash (Cash Consideration). The Board of Directors at its meeting held on August 24, 2023, has approved the same.</p><p style="text-align: justify;">The company is planning to foray into the Diagnostic Industry, considering the emerging opportunities available in the sector of Health care Industry and thus enhancing the value creation for all the stakeholders. The members in the last Annual General Meeting have altered the Memorandum of Association Company to include healthcare activities as an object to be pursued by the Company.</p><p style="text-align: justify;">The acquisition of the HHTPL will add a new vertical of Diagnostics Business to the company. Post completion of the acquisition, the HHTPL will become the wholly owned subsidiary of the company</p><p style="text-align: justify;">PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.</p> |
| 24-Aug-2023 | PVP Ventures to sell 81% stake in New Cyberabad City Projects | <p style="text-align: justify;">PVP Ventures is entering into a share purchase agreement with Picturehouse Media for transfer of 81% of equity shares being held by the company in its material subsidiary -- New Cyberabad City Projects (NCCPPL). Therefore, upon completion of the aforesaid transfer, NCCPPL would cease to be a subsidiary of the Company. The consideration received from such sale will be Rs 32.56 crore.</p><p style="text-align: justify;">PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.</p> |
| 24-Aug-2023 | PVP Ventures to sell stake in PVP Global Ventures | <p style="text-align: justify;">PVP Ventures is entering into a share purchase agreement with PV Potluri Ventures for transfer of entire equity shares being held by the company in its wholly owned subsidiary PVP Global Ventures (PVPGVPL). Therefore, upon completion of the aforesaid transfer, PVPGVPL would cease to be a subsidiary of the Company. The sale is expected to be completed in the next 2 to 3 months from the current date. </p><p style="text-align: justify;">PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.</p> |
| 24-Aug-2023 | PVP Ventures to sell stake in PVP Media Ventures | <p style="text-align: justify;">PVP Ventures is entering into a share purchase agreement with PV Potluri Ventures for transfer of entire equity shares being held by the company in its wholly owned subsidiary PVP Media Ventures (PVPMVPL). Therefore, upon completion of the aforesaid transfer, PVPMVPL would cease to be a subsidiary of the Company. The sale is expected to be completed in the next two months from the current date.</p><p style="text-align: justify;">PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.</p> |
