With effect from 29 March 2016
PVP Ventures announced that the 922180 GDRs representing 92,218 underlying equity shares of Rs. 10 each of PVP Ventures listed on London Stock Exchange (LSE) has been cancelled from official list of LSE w.e.f. 29 March 2016.The Depository i.e., Deutsche Bank Trust Company Americas had resigned as Depositary vide their letter dated 24 February 2015. The Company has not appointed any Successor Depository and decided to terminate the Deposit Agreement and sought for cancellation/delisting of GDRs from LSE due to lack of liquidity with virtually no trading taking place due to decreasing interest of investors
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