THe Board of Directors and Rights issue committee members at their respective meetings held today had considered and approved the extension of the closing date of the ongoing rights issue.
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Annvrridhhi Ventures Ltd has extended the closing date of its ongoing Rights Issue from 9th May 2025 to 20th May 2025. The issue, which opened on 28th April 2025, will now give shareholders additional time to subscribe. The last date for on-market renunciation of rights entitlements has been moved to 14th May 2025. The revised timeline also pushes the basis of allotment, credit, and listing dates to late May and early June 2025. No changes have been made to the Letter of Offer, CAF, or ALOF other than these date extensions.
Shareholders now have more time (until 20th May 2025) to apply for the Rights Issue, which may improve participation levels. Existing shareholders should review their entitlement and decide whether to subscribe, renounce, or let the rights lapse before the new deadline.