Description
Annvrridhhi Ventures Limited extends the closing date of its rights issue from November 26, 2025 to December 10, 2025 to facilitate better participation from eligible shareholders.
Summary
Annvrridhhi Ventures Limited (formerly J. Taparia Projects Limited) has extended the closing date of its ongoing rights issue from November 26, 2025 to December 10, 2025. The Rights Issue Committee approved this extension at its meeting held on November 25, 2025 to facilitate better participation from eligible shareholders and provide adequate time to subscribe. All other terms of the rights issue remain unchanged except for the consequent modifications to post-issue activity timelines.
Key Points
- Rights issue closing date extended by 14 days from November 26, 2025 to December 10, 2025
- Issue opening date remains Monday, November 17, 2025
- Last date for on-market renunciation of rights entitlements remains Thursday, November 20, 2025
- Extension granted to facilitate better shareholder participation
- No changes to Letter of Offer and Composite Application Form dated November 1, 2025 except closing date modification
- Script Code: 538539, ISIN: INE075K01013
- Decision approved by Rights Issue Committee on November 25, 2025
Regulatory Changes
No regulatory changes. This is a procedural extension of an ongoing rights issue timeline within the regulatory framework under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Compliance Requirements
- Eligible equity shareholders should note the revised issue closing date of December 10, 2025
- Last date for submission of duly filled Composite Application Form (CAF) along with payment is December 10, 2025
- Shareholders entitled to apply for the rights issue must submit applications by the new closing date
- Corrigendum cum addendum available on BSE website (www.bseindia.com) and company website (www.annvrridhhi.com)
Important Dates
- Issue Opening Date: Monday, November 17, 2025
- Last Date for On-Market Renunciation: Thursday, November 20, 2025
- Issue Closing Date (Revised): Wednesday, December 10, 2025
- Basis of Allotment Finalization: Thursday, December 11, 2025 (on or about)
- Date of Allotment: Thursday, December 11, 2025 (on or about)
- Credit of Rights Equity Shares: Friday, December 12, 2025 (on or about)
- Date of Listing: Friday, December 12, 2025 (on or about)
- Rights Issue Committee Meeting: November 25, 2025 (11:00 AM - 11:30 AM)
Impact Assessment
Market Impact: Limited to shareholders of Annvrridhhi Ventures Limited. The extension provides additional time for eligible shareholders to make subscription decisions and arrange funds, potentially improving participation rates in the rights issue.
Shareholder Impact: Positive for existing shareholders as they receive 14 additional days to evaluate and subscribe to the rights issue. Those who had missed the original deadline now have extended opportunity to participate.
Operational Impact: Post-issue activities including basis of allotment, actual allotment, credit of shares, and listing are correspondingly delayed by approximately 14 days. The company and registrar will need to maintain subscription infrastructure for the extended period.
Company Impact: Extension may indicate lower-than-expected subscription levels or company’s intent to maximize shareholder participation. The delay in fund receipt and subsequent business deployment is minor given the short extension period.
Impact Justification
Extension of rights issue closing date affects existing shareholders' timeline to participate but does not materially alter the terms of the offering. Medium impact limited to company's shareholders.