Outcome of Rights issue committee meeting held today on 26.02.2026 - Revocation of first call on partly paid-up equity shares and record date
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The Rights Issue Committee of Annvrridhhi Ventures Ltd met on 26th February 2026 and decided to revoke its earlier resolution (dated 23rd February 2026) that had approved a First Call of ₹2.50 per partly paid-up equity share (face value ₹10). As a result, the Record Date previously fixed to identify shareholders liable to pay this first call money has also been withdrawn. The company clarified that no call notice was ever sent to shareholders, no call money became due or payable, and no shareholder action has been triggered, so no investor prejudice has occurred. The decision was made after an internal review of the call schedule, and the company has stated it will inform the exchange about any revised call schedule in due course.
Shareholders holding partly paid-up equity shares are no longer required to pay the ₹2.50 per share call money that was recently approved, removing an immediate financial obligation. However, the company has indicated a revised call schedule may be announced later, which means this relief could be temporary and introduces some uncertainty.