PVP Ventures Limited announced that Mr. Nandakumar Subburaman, vide his letter dated August 24, 2023 has tendered his resignation as Non-Executive Independent Director of the Company with effect from the closure of business hours on August 24, 2023 citing difference of opinion with the Board of Directors over the acquisitions and divestments, the details of which was communicated with the exchanges on August 24, 2023, as the outcome of the Board Meeting held on August 24, 2023.