The Board of Directors and Rights issue committee members at their respective meetings held on Tuesday, 13.05.2025 has considered and approved the extension of on market renunciation date ....
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Annvrridhhi Ventures Ltd (formerly J. Taparia Projects Ltd, BSE: 538539) has extended the closing date of its ongoing rights issue by one week. The issue, which opened on 28th April 2025 and was originally scheduled to close on 20th May 2025, will now close on Tuesday, 27th May 2025. The last date for on-market renunciation of rights entitlements has been moved to 21st May 2025. The Board approved this extension on 13th May 2025 to allow eligible shareholders more time to participate. The revised timeline pushes subsequent activities such as basis of allotment (30th May), allotment date (2nd June), credit of shares (5th June), and listing (9th June) by a week.
Eligible shareholders get an extra week to subscribe or renounce their rights entitlements. A closing-date extension can sometimes suggest slower-than-expected subscription, so retail investors should track how fully the issue is subscribed before deciding to invest.