Monitoring Agency Report for the quarter ended on 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Acuité Ratings and Research Limited, the appointed Monitoring Agency, has submitted its Q4 FY2025-26 report for Annvrridhhi Ventures Ltd's Right Issue. The issue, which ran from November 17 to December 16, 2025, was sized at INR 37.80 crore. However, only INR 7.40 crore has been collected (25% of the initial partly paid-up equity call) due to incomplete subscription. Out of 3.78 crore approved shares, 2.96 crore were allotted, yielding expected proceeds of INR 29.62 crore. Of the amount raised, INR 7.38 crore has been deployed—INR 6.50 crore toward Working Capital, INR 0.13 crore for General Corporate Purposes, and INR 0.75 crore for Issue Expenses. Only INR 0.023 crore remains unutilized in the SBI monitoring account. The MA confirms no deviations in fund utilization as per the Offer Document, and the Audit Committee has noted that deployed funds align with stated purposes.
The Rights Issue received significantly lower subscription than targeted, resulting in partial deployment of planned funds. However, since there are no utilization deviations and the remaining unutilized amount is minimal, existing shareholders should view this as routine monitoring with no immediate adverse signal for the stock.