Description
BSE announces extension of Annvrridhhi Ventures Limited rights issue closing date from November 26, 2025 to December 10, 2025 to facilitate better shareholder participation.
Summary
The Rights Issue Committee of Annvrridhhi Ventures Limited (formerly J. Taparia Projects Limited, Script Code: 538539, ISIN: INE075K01013) has approved the extension of the closing date for its ongoing rights issue. The issue, which opened on November 17, 2025 and was originally scheduled to close on November 26, 2025, has been extended to December 10, 2025. This extension aims to facilitate better participation from eligible shareholders and provide adequate time for subscription.
Key Points
- Rights Issue closing date extended from November 26, 2025 to December 10, 2025
- Issue opened on November 17, 2025 as originally scheduled
- Extension granted to facilitate better shareholder participation
- Last date for on-market renunciation remains November 20, 2025
- Last date for submission of duly filled CAF with payment now December 10, 2025
- Rights Issue Committee meeting held on November 25, 2025 (11:00 AM to 11:30 AM)
- No changes to Letter of Offer and Composite Application Form except closing date modification
Regulatory Changes
No regulatory changes. This is a procedural extension of the rights issue timeline under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Compliance Requirements
- Eligible equity shareholders can subscribe to the rights issue until December 10, 2025
- Duly filled Composite Application Forms (CAF) with applicable payment must be submitted by December 10, 2025
- Corrigendum cum addendum available on BSE website (www.bseindia.com) and company website (www.annvrridhhi.com)
- Shareholders entitled to apply for the rights issue should note the revised issue closure date
Important Dates
- Issue Opening Date: Monday, November 17, 2025
- Last Date for On Market Renunciation of Rights Entitlements: Thursday, November 20, 2025
- Issue Closing Date (Revised): Wednesday, December 10, 2025 (originally November 26, 2025)
- Finalization of Basis of Allotment: Thursday, December 11, 2025 (on or about)
- Date of Allotment: Thursday, December 11, 2025 (on or about)
- Date of Credit of Rights Equity Shares: Friday, December 12, 2025 (on or about)
- Date of Listing: Friday, December 12, 2025 (on or about)
Impact Assessment
Market Impact: Limited to shareholders of Annvrridhhi Ventures Limited. The extension provides additional 14 days for eligible shareholders to participate in the rights issue.
Operational Impact: Post-issue activities including basis of allotment, allotment date, credit of shares, and listing have been rescheduled from late November to mid-December 2025. The extension allows shareholders more time to arrange funds and make informed subscription decisions.
Investor Impact: Positive for eligible shareholders who may need additional time to evaluate and subscribe to the rights issue. The extended timeline provides flexibility without changing other terms of the offer.
Impact Justification
Rights issue extension affects eligible shareholders of Annvrridhhi Ventures Limited, providing additional time for subscription but has limited broader market impact