PVV Infra has issued a reminder for the first and final call money payment of ₹3.75 per share. Holders of 8,94,44,384 partly paid shares must pay ₹33.54 crore by July 6, 2026, to convert them into fully paid-up shares.
PVV Infra Ltd: Final Call Money Reminder
₹33.54 crore due for 8,94,44,384 partly paid shares.
Payment window: June 22, 2026 to July 6, 2026.
What just happened
PVV Infra Limited has sent a reminder notice for the outstanding First and Final Call Money on its partly paid-up equity shares. Shareholders have a specific window, from June 22, 2026, to July 6, 2026, to pay ₹3.75 per share. This payment will convert their 8,94,44,384 partly paid shares into fully paid-up equity shares.
Why this matters
This action is crucial for holders of PVV Infra's partly paid shares. Failure to pay by the deadline means they will not be able to convert their shares into fully paid equity. Currently, these partly paid shares are suspended from trading, meaning shareholders must complete this payment if they wish to regain liquidity by converting them to fully paid shares.
The backstory
PVV Infra had previously issued partly paid-up equity shares. The current notice is a final call for the remaining amount due on these shares. The company has clarified that this is a reminder, not a forfeiture notice, and further opportunities might be provided in the future before any forfeiture is considered.
What changes now
Shareholders holding the partly paid-up shares must now ensure they make the payment of ₹3.75 per share within the specified window. Completing this payment will result in their shares being converted to fully paid-up equity shares.
Risks to watch
The primary risks involve operational compliance. Shareholders must adhere strictly to the payment instructions, including making the full amount in a single transaction per demat account/folio, as part payments or third-party payments may be rejected. The trading suspension on partly paid shares also highlights the need for timely action.
Peer comparison
This action is specific to PVV Infra's capital call on its existing partly paid shares and does not directly involve peers. However, such calls are a common mechanism for companies to raise further capital from existing shareholders on shares that were initially issued with a face value not fully paid up.
Context metrics (time-bound)
- Aggregate Outstanding Call Money: ₹33.54 crore
- Call Money Per Share: ₹3.75
- Number of Partly Paid Shares: 8,94,44,384
- Payment Window: June 22, 2026, to July 6, 2026
What to track next
Investors should track the company's communication regarding the payment status and the subsequent conversion of these shares into fully paid-up equity. Any further announcements about future capital calls or actions related to non-payment will be important.
