Outcome of the meeting of the Board of Directors of Anirit Ventures Limited (the 'Company') held on 12th December, 2025 and prior intimation of the Record Date for the Rights Issue in terms ....
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The Board of Directors of Anirit Ventures Ltd (formerly Flora Textiles Limited) has finalised the terms of its Rights Issue, approved earlier in February 2025. The company will issue 1.2 crore partly paid-up equity shares of ₹10 face value, raising up to ₹39.6 crore assuming full subscription. Existing shareholders will get 2 rights shares for every 1 share held on the record date of Thursday, 18th December 2025. The issue price is set at ₹33 per share (a ₹23 premium over face value), with ₹23 per share payable on application and the balance on subsequent calls. The rights entitlement will be credited in demat accounts before the issue opens on 26th December 2025, with the last date for renunciation on 31st December 2025 and closing on 5th January 2026. Post-issue, the total share count will triple from 60 lakh to 1.8 crore shares assuming full subscription.
Shareholders on record date (18 Dec 2025) will receive rights entitlements and must decide whether to subscribe, renounce, or let the rights lapse. Successful full subscription will dilute existing holdings to roughly one-third of the expanded capital base, while partly paid-up structure spreads cash outflow over multiple call dates rather than a single large payment.