Description

BSE announces extension of Rights Issue closing date for Annvrridhhi Ventures Limited from December 10, 2025 to December 16, 2025 to facilitate better shareholder participation.

Summary

Annvrridhhi Ventures Limited (formerly J. Taparia Projects Limited, Script Code: 538539) has extended the closing date of its ongoing Rights Issue from Wednesday, December 10, 2025 to Tuesday, December 16, 2025. The Rights Issue Committee approved this extension on December 9, 2025 to facilitate better participation from eligible shareholders and provide adequate time for subscription. The issue originally opened on Monday, November 17, 2025.

Key Points

  • Rights Issue closing date extended by 6 days from December 10 to December 16, 2025
  • Issue opening date remains November 17, 2025
  • Extension approved by Rights Issue Committee meeting held on December 9, 2025
  • Last date for on-market renunciation was Thursday, November 20, 2025 (unchanged)
  • Last date for submission of duly filled CAF with payment is now December 16, 2025
  • No other changes to the Letter of Offer dated November 1, 2025
  • Company ISIN: INE075K01013
  • Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015

Regulatory Changes

No regulatory changes. This is a procedural extension of the Rights Issue timeline approved by the Rights Issue Committee in compliance with SEBI regulations.

Compliance Requirements

  • Eligible equity shareholders can subscribe to the Rights Issue until December 16, 2025
  • Composite Application Form (CAF) must be submitted with applicable payment by December 16, 2025
  • Corrigendum cum addendum available on BSE website (www.bseindia.com) and company website (www.annvrridhhi.com)
  • No changes required to previously filed Letter of Offer except issue closing date modification

Important Dates

  • Issue Opening Date: Monday, November 17, 2025
  • Last Date for On Market Renunciation: Thursday, November 20, 2025
  • Issue Closing Date (Extended): Tuesday, December 16, 2025
  • Basis of Allotment Finalization: Wednesday, December 17, 2025 (on or about)
  • Date of Allotment: Wednesday, December 17, 2025 (on or about)
  • Credit of Rights Equity Shares: Thursday, December 18, 2025 (on or about)
  • Date of Listing: Thursday, December 18, 2025 (on or about)
  • Rights Issue Committee Meeting: December 9, 2025 (12:00 noon to 12:20 pm)

Impact Assessment

Market Impact: Low to Medium - The extension provides existing shareholders additional time to participate in the Rights Issue, potentially increasing subscription rates. The 6-day extension may indicate initial subscription levels were lower than anticipated.

Shareholder Impact: Positive for eligible shareholders who need more time to arrange funds or make investment decisions. Provides flexibility without materially delaying the capital raising timeline.

Operational Impact: Minimal disruption as post-issue activities (allotment, credit, listing) are only delayed by 6 days. The company maintains transparency by promptly disclosing the extension through proper regulatory channels.

Timeline Impact: All post-closing activities shifted by 6 days - allotment now expected December 17, 2025 and listing on December 18, 2025, versus original dates of December 11 and 12, 2025 respectively.

Impact Justification

Rights issue extension affects eligible shareholders of Annvrridhhi Ventures Limited, providing additional time for subscription. Medium impact as it relates to single company's capital raising activity with revised timeline for allotment and listing.