PVP Ventures Limited has filed a corrigendum to its Key Information Document (KID) dated 28th March 2025, pertaining to its listed Non-Convertible Debentures (NCDs). The filing is made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.

The corrigendum incorporates the repayment schedule for the debentures and provides clarifications to correct typographical errors in the original KID.

Key Clarifications and Corrections:

1. Coupon Payment Frequency: The cover page of the original KID incorrectly stated the 18% coupon was payable annually. It is clarified that the coupon is payable on a quarterly basis, as previously stated in line item 16 of Section 6 (Summary of Terms) on page 59.

2. Number of Debentures Issued: The total number of debentures issued is corrected to 15,000 (Fifteen Thousand) from the previously mentioned 1,500 (One Thousand Five Hundred). This correction applies to the cover page, line item 9 of Section 6 on page 60, and page 134 of the KID.

3. Redemption Date: The redemption date is corrected to 8th April 2029 from the previously mentioned 31st March 2029. This aligns with the 48-month tenor from the Deemed Date of Allotment of 8th April 2025.

4. Repayment Schedule: A detailed quarterly repayment schedule is provided for the 48-month tenor, outlining principal repayment, interest payment, and redemption premium payment under two scenarios (Sales collection as per payout plan and Sales collection below payout plan).

Issue Details:

The issue comprises 15,000 senior, secured, unsubordinated, rated, listed, redeemable, transferable Non-Convertible Debentures with a face value of ₹1,00,000 each. This includes 9,500 Series A Debentures and 5,500 Series B Debentures. The total issue size is ₹150 Crores. The debentures carry a coupon of 18% per annum compounded and payable quarterly, with a redemption premium of 1% per annum of the face value for each year (or part thereof) that the debentures remain outstanding, payable upon redemption. The tenor is 48 months with a redemption date of 8th April 2029.

Other Information:

All other terms and contents of the original Key Information Document dated 28th March 2025 remain unchanged. This corrigendum is expected to be made available on the company's website (www.pvpglobal.com) and the NSE website (www.nseindia.com).