PVV Infra is reminding shareholders to pay the final call money of ₹3.75 per share. This is to convert their partly paid-up equity shares into fully paid-up shares by July 6, 2026. The company clarifies this is not a forfeiture notice.
PVV Infra Reminds Shareholders of Final Call Money Payment
PVV Infra Limited has issued a reminder for the First and Final Call Money payment, with ₹3.75 due per partly paid-up equity share. The total outstanding call money amounts to ₹33.54 crore for 8,94,44,384 shares.
Reader Takeaway: Shareholders can convert shares by paying ₹3.75; avoid missing the July 6 deadline.
What just happened
PVV Infra is reminding holders of its partly paid-up equity shares about the outstanding First and Final Call Money of ₹3.75 per share. This payment is required to convert these shares into fully paid-up equity shares. The payment window is from June 22, 2026, to July 6, 2026.
Why this matters
This notice is crucial for shareholders who hold partly paid-up shares. Paying the call money allows them to convert their holdings to fully paid-up shares, ensuring their continued ownership without risk of forfeiture. The company has explicitly stated this is not a forfeiture notice, providing a grace period for shareholders.
The backstory
PVV Infra Limited previously issued partly paid-up equity shares. The current notice is a procedural step to regularize the share capital by collecting the remaining amount due from these shareholders. The company aims to convert these into fully paid-up shares.
What changes now
Affected shareholders now have a defined period until July 6, 2026, to make the payment of ₹3.75 per share. Following the specific payment instructions provided in the notice is essential. Failure to pay may lead to delays in share conversion, though the company is not initiating forfeiture at this stage.
Risks to watch
Shareholders must adhere strictly to the payment guidelines. Payments made through third-party accounts or incomplete challans risk rejection. Missing the July 6 deadline, while not leading to immediate forfeiture, could delay the conversion to fully paid-up shares.
Peer comparison
This is a standard corporate action for companies with partly paid-up shares. It is common across the industry for entities to collect outstanding call money to regularize their capital structure and for shareholders to convert their holdings to fully paid-up status.
Context metrics (time-bound)
- Call Money per Share: ₹3.75
- Total Outstanding Call Money: ₹33.54 crore
- Total Partly Paid-up Shares: 8,94,44,384 shares
- Payment Window: June 22, 2026, to July 6, 2026
What to track next
Investors should monitor the company's subsequent announcements regarding the conversion status of these shares and any further corporate actions. Shareholders should ensure their payments are processed correctly within the given deadline.