Description
Trading of Rights Entitlements (REs) for renunciation of ANNVRRIDHHI VENTURES LIMITED permitted from November 17-20, 2025, with Rights Issue open November 17-26, 2025.
Summary
BSE has announced that Rights Entitlements (REs) for renunciation of ANNVRRIDHHI VENTURES LIMITED will be permitted for trading from Monday, November 17, 2025 to Thursday, November 20, 2025. The Rights Issue will remain open from November 17, 2025 to November 26, 2025. Trading will be conducted on T+1 rolling settlement basis, trade-for-trade, and in dematerialized form only.
Key Points
- Rights Entitlements trading permitted for ANNVRRIDHHI VENTURES LIMITED
- Scrip Code: 751056, Scrip ID: ANVRDHI-RE, ISIN: INE075K20021
- Market Lot: 1, Group: R
- Trading period for renunciation: November 17-20, 2025 (4 days)
- Rights Issue open period: November 17-26, 2025 (10 days)
- Settlement basis: T+1 Rolling Settlement, trade-for-trade
- Trading mode: Dematerialized form only
- REs that are neither subscribed nor renounced will lapse after issue closing date
Regulatory Changes
No new regulatory changes introduced. This circular implements existing framework for Rights Entitlements trading as per notices dated March 05, 2020 (20200305-21) and May 18, 2020 (20200518-34).
Compliance Requirements
For Trading Members:
- Inform all clients about commencement of trading in REs with specific ISIN reference
- Clarify to clients that REs are not ordinary shares of the company
- Include prominent disclaimer in contract notes/bills for RE purchases stating:
- Purchase of REs only provides right to participate in ongoing Rights Issue
- Application must be made with requisite application money OR REs must be renounced before issue closes
- Unsubscribed/unrenounced REs will lapse and be extinguished after Issue Closing Date
- Refer to previous notices (20200305-21 and 20200518-34) for additional details
For Clients/Investors:
- REs can be traded during renunciation period (Nov 17-20, 2025)
- Must either subscribe to rights issue with application money or renounce REs before closure
- Ensure REs are held in demat form for trading
Important Dates
| Date | Event |
|---|---|
| November 13, 2025 | Circular notice date |
| November 17, 2025 | Rights Entitlements trading begins; Rights Issue opens |
| November 20, 2025 | Rights Entitlements trading ends |
| November 26, 2025 | Rights Issue closes |
Impact Assessment
Market Impact: Low - This circular affects only existing shareholders of ANNVRRIDHHI VENTURES LIMITED who hold rights entitlements. The company operates in a specific segment with limited market capitalization.
Operational Impact: Medium for participating shareholders - Shareholders must take action during the specified window (either trade REs, subscribe to rights issue, or let REs lapse). Trading members need to ensure proper client communication and disclaimer compliance.
Investor Considerations: Shareholders should evaluate the rights issue terms and decide whether to subscribe, sell REs in the market during the 4-day trading window, or allow REs to lapse. The short renunciation trading period (4 days) requires prompt decision-making.
Impact Justification
Affects only shareholders of ANNVRRIDHHI VENTURES LIMITED participating in rights issue. Standard rights entitlement trading procedure with limited market-wide impact.