The 49 th convocation ceremony of PVP was held on 9 January 2023 in the Cardinal Tisserant Auditorium. The ceremony was presided over by His Excellency Mar George Punnakkottil, Bishop Emeritus of the Eparchy of Kothamangalam. Sri T.K. Jose, the Chairman of Kerala State Electricity Regulatory Commission, delivered the Convocation Address and also distributed the Degree Certificates.

One student obtained Doctrate in Theology, three students obtained the degree of Licentiate in Theology, four students in Syriac Theology, five students in Biblical Theology and ten students in Eastern Canon Law. A total of thirty students had qualified themselves for the B.Th degree and sixty students have qualified themselves for the B.Ph degree. In addition to that, three students had done the basic course in philosophy and had been deemed eligible for diploma. Furthermore, the Academic Proficiency Awards were also distributed for the top performing students from each section.