BSEAnnvrridhhi Ventures LtdMediumNeutral
Announced Tue, 17 Mar · 14:37 IST

Intimation of dispatch of First Call Money Notice to those shareholders holding partly paid-up equity shares as on record date i.e. 10.03.2026

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹13.80
prior close
₹15.18
base price
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AI summary

Annvrridhhi Ventures has dispatched the First Call Money Notice to shareholders who hold partly paid-up rights equity shares. The company had issued 2.96 crore partly paid-up shares at ₹2.50 each (face value ₹10) in December 2025 through a rights issue in a 7:3 ratio, raising ₹7.41 crore initially. Shareholders are now required to pay ₹3.50 per share as the First Call by April 8, 2026, making these shares fully paid up at ₹6 per share. Trading in the partly paid-up shares (ISIN IN9075K01011) has been suspended on BSE from March 10, 2026. The payment window runs from March 25 to April 8, 2026, payable through ASBA or 3-in-1 account modes.

Likely market impact

Shareholders holding partly paid-up rights shares must pay ₹3.50 per share by April 8, 2026 to avoid 10% annual interest charges and potential forfeiture of their shares. Failure to pay will also result in deductions from any future dividends. For the stock, this is a routine procedural step in completing the rights issue process.