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

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 issue opened on Monday, November 17, 2025. The extension is intended to facilitate better participation from eligible shareholders and provide adequate time for subscription.

Key Points

  • Rights Issue closing date extended by 6 days to December 16, 2025
  • Issue originally scheduled to close on December 10, 2025
  • Issue opened on November 17, 2025
  • Last date for on-market renunciation of rights entitlements was November 20, 2025
  • Extension approved by Rights Issue Committee meeting held on December 9, 2025
  • No changes to Letter of Offer and Composite Application Form dated November 1, 2025 except for closing date modification
  • Company formerly known as J. Taparia Projects Limited

Regulatory Changes

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

Compliance Requirements

  • Eligible equity shareholders should submit duly filled Composite Application Forms (CAF) along with applicable payment by the extended closing date of December 16, 2025
  • Corrigendum cum addendum available on BSE website (www.bseindia.com) and company website (www.annvrridhhi.com)
  • Shareholders entitled to participate in the rights issue must note the revised closure date

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 improving subscription rates. This is a positive development for shareholders who may have missed the original deadline.

Operational Impact: Minimal. The extension is a procedural matter that shifts the post-issue timeline by 6 days. All other terms and conditions of the rights issue remain unchanged.

Shareholder Impact: Medium. Eligible shareholders now have until December 16, 2025 to submit their applications, providing greater flexibility for decision-making and payment arrangements. Those who already subscribed are unaffected by the extension.

Impact Justification

Rights issue extension affects existing shareholders' subscription timeline but is a procedural modification to facilitate better participation rather than a material change to terms