PVP Ventures Ltd — Capital/Financing Update 2023

Apr 28, 2023

Date: 28.04.2023

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To

BSE Limited

National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai-400001 Bandra Kurla Complex, Mumbai-400001 Bandra (E) Mumbai – 400051 Scrip Code – 517556 Symbol: PVP

Dear Sir/Madam,

Sub: Outcome of the Board Meeting held on 28th April, 2023

Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board at its meeting held today i.e. 28th April, 2023 inter-alia has considered and approved the allotment of 24,50,980 fully paid-up Equity Shares of Rs.10/- each of the Company pursuant to the conversion of 5000, 14.5% Fully Convertible Debentures, having face value of Rs.100,000/each at a conversion price of Rs.204/- per share pursuant to the Scheme of Amalgamation sanctioned by the Hon’ble High Court of Madras on April 25, 2008. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company has been increased from Rs.245,05,27,010/- divided into 24,50,52,701 Equity Shares of Rs.10/- each to Rs.247,50,36,810/-divided into 24,75,03,681 Equity Shares of Rs.10/- each.

In furtherance to the prior intimation of the board meeting given on 25th April, 2023, the board of directors deferred the discussion on preferential issue for proposed acquisition of company engaged in healthcare business.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For PVP Ventures Limited

DERRIN ANN Digitally signed by DERRIN ANN GEORGE GEORGE Date: 2023.04.28 15:08:53 +05'30'

Derrin Ann George Company Secretary & Compliance Officer

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