The board of PVV Infra Ltd., which is into solar energy rooftop installations, has really helpful issue of bonus share within the ratio of 1:5 i.e. 1 fairness share for each 5 shares held by shareholders.
“The increase in capital base of the company will help in qualifying for various tenders and bidding offers by various government and non-government organisations,” the corporate mentioned in an announcement.
The firm mentioned it was availing the advantages of varied rooftop photo voltaic schemes began by the Central and State governments and such advantages had been being handed on to the purchasers by manner of low-cost and high quality elements.
The firm reported a web revenue of ₹3.09 crore for FY24 as in contrast with ₹0.02 crore in FY23.
Revenues elevated to ₹87.92 crore from ₹37.62 crore in FY23.
