Punjab Infotech Venture Fund (PIVF)
Udyog Bhawan, 18- Himalaya Marg, Sector 17, Chandigarh- 160 017
Corporate Office : Udyog Bhawan, 6th Floor, 18- Himalaya Marg, Sector 17, Chandigarh -160 017
Tel: 95-172-2728563 Fax No: 95-172-2704145  Email: ceo@pvcl.org

1 Particulars of the Organisation, its' functions and documents by which it is governed.

  • Deed of Trust’ , a copy enclosed as Annexure – ‘a’.

  • Certificate of Registration under SEBI (Venture Capital Funds) Regulations, 1996 (Annexure – ‘b’)

  • Contribution & Beneficiaries Agreement (Annexure – ‘c’)

  • Funds Management Agreement (Annexure – ‘d’)
2 Powers and duties of its' Officers & Employees
  • As per direction of the Board of the trustee company from time-to-time
  • No, employees on its’ rolls
  • PVCL, being asset management company is looking after its’ day-to-day affairs as the ‘Investment Managers’ to the Fund.
  • Currently, CEO/PVCL is the authorized signatory
3 Statement of the categories of documents that are held by it or under its' control
  • A list of documents is enclosed as Annexure – ‘e’.
4 Statement of the Board Councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its' advise and as to whether meetings of those Board Councils, committees and other bodies are open to the public or the minutes of such meetings are accessible for public.
  • A List of the ‘core contributors’ and contribution pattern is enclosed as Annexure ‘f’.
  • Statutory documents relating to Accounts & Secretarial are available for inspection at the Registered Office of the Trust Fund
5 Monthly remuneration received by each of its' officers and employees.
  • Not applicable, as it has no employees
6 Budget allocated at all plans proposed and expenditure thereto.

  • Rs.20 crores ‘ten-year close-ended Venture Capital Fund

  • Upto 31st March, 2007, Rs.4.50 crores has been raised and request already made to the ‘core contributors’ to release further contribution so that the entire corpus of the Fund is raised by the 31st March, 2006.
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