Rights Issue Committee meeting held on 09.12.2025 approved the extension of closing date of ongoing Rights issue
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The Rights Issue Committee of Annvrridhhi Ventures Ltd (formerly J. Taparia Projects Limited) met on 9 December 2025 and approved an extension of the closing date of its ongoing Rights Issue by 6 days. The issue, which opened on 17 November 2025, was originally scheduled to close on 10 December 2025, but has now been extended to 16 December 2025. The company stated the extension is to allow better participation from eligible shareholders and give them adequate time to subscribe. Accordingly, the last date for submission of the Composite Application Form (CAF) is now 16 December 2025. The dates for basis of allotment, credit of shares, and listing have been pushed to 17-18 December 2025. No other changes have been made to the Letter of Offer or CAF.
The 6-day extension may help boost subscription levels in a small-cap rights issue, potentially reducing under-subscription risk for existing shareholders. Investors holding rights entitlements now have a few extra days to decide whether to subscribe, renounce, or let the rights lapse.