BSEAnirit Ventures LtdMediumNeutral
Announced Fri, 12 Dec · 16:50 IST

Intimation of the Record Date for the Rights Issue in terms of Regulation 42(2) of the SEBI (LODR) Regulations, 2015

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Awaiting price reaction for this filing.

AI summary

Anirit Ventures Ltd (formerly Flora Textiles Ltd) has fixed Thursday, 18th December 2025 as the record date for its upcoming Rights Issue. The company will issue 1.2 crore partly paid-up equity shares of face value ₹10 each, raising up to ₹39.6 crore assuming full subscription. Shareholders as on the record date will be eligible to subscribe at a ratio of 2 Rights Equity Shares for every 1 fully paid share held. The Rights Issue price is ₹33 per share (including a ₹23 premium), with ₹23 payable on application and the balance on subsequent calls. Existing outstanding shares of 60 lakh will rise to 1.8 crore post-issue. The issue opens on 26th December 2025 and closes on 5th January 2026.

Likely market impact

Eligible shareholders will receive rights entitlements credited to their demat accounts and can subscribe to the new shares or renounce them by 31st December 2025. The issue price implies a significant capital raise that will dilute existing holdings, though partly paid-up shares reduce immediate cash outflow for subscribers.