has received approval for the scheme of amalgamation amongst PVP Ventures, Picturehouse Media, PVP Media and PVP Cinema & their respective Shareholders and Creditors.
The scheme of amalgamation of PVP Cinema, wholly owned subsidiary of Picturehouse Media with Picturehouse Media, parent company and amalgamation of PVP Media Ventures, wholly owned subsidiary of PVP Ventures and Picturehouse Media with PVP Ventures. The Board of Directors of the Company at its meeting held on February 22, 2019 has approved the same.
PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning and evaluating all steps, processes and techniques for setting up, managing, operating, and transferring various types of infrastructure projects.