Description

BSE announces extension of Rights Issue closing date for Annvrridhhi Ventures Limited (formerly J. Taparia Projects Limited) from December 10, 2025 to December 16, 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 extended the closing date of its ongoing Rights Issue from Wednesday, December 10, 2025 to Tuesday, December 16, 2025. The extension has been granted 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, 2025 to December 16, 2025
  • Issue opening date remains unchanged at November 17, 2025
  • Extension approved by Rights Issue Committee meeting held on December 9, 2025
  • Last date for on-market renunciation of rights entitlements was November 20, 2025 (unchanged)
  • Extension aims to facilitate better shareholder participation
  • Last date for submission of duly filled CAF with payment is now December 16, 2025
  • No other changes to the Letter of Offer and Composite Application Form dated November 1, 2025

Regulatory Changes

No regulatory changes. This is a procedural extension of an ongoing rights issue timeline under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30.

Compliance Requirements

  • Eligible equity shareholders must submit duly filled Composite Application Form (CAF) along with payment by Tuesday, December 16, 2025
  • Corrigendum cum addendum available on BSE website (www.bseindia.com) and company website (www.annvrridhhi.com)
  • Company has disclosed information on its website as per listing requirements

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 (previously December 10, 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)
  • Committee Meeting Date: December 9, 2025 (12:00 noon to 12:20 pm)

Impact Assessment

Impact on Shareholders: Positive for eligible shareholders who need additional time to make subscription decisions or arrange funds. The 6-day extension provides more flexibility for participation in the rights issue.

Market Impact: Limited market-wide impact as this affects only shareholders of Annvrridhhi Ventures Limited (Script Code: 538539). The extension indicates the company’s intent to maximize participation in its capital raising exercise.

Operational Impact: Post-issue activities including allotment, credit of shares, and listing have been rescheduled accordingly. All subsequent dates have shifted to accommodate the extended closing date while maintaining the processing timeline.

Impact Justification

Rights issue extension affects eligible shareholders of Annvrridhhi Ventures Limited, providing additional time for subscription. Medium impact as it relates to ongoing capital raising activity for a specific company.