Announced Sat, 1 Nov · 17:43 IST

The Board of Directors approved the Letter of Offer at its meeting held today on Saturday, 01st November, 2025

Fund Raising View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Annvrridhhi Ventures Limited approved the Letter of Offer for a Rights Issue on November 1, 2025. The company will issue up to 3.78 crore partly paid-up equity shares of face value ₹10 each at ₹10 per share (no premium), aggregating up to ₹37.80 crores. The ratio is 7 rights shares for every 3 shares held by existing shareholders as on the record date of November 7, 2025. Investors pay only ₹2.50 per share (25%) on application, with the remaining ₹7.50 due on one or more subsequent calls decided by the Board. The issue opens on November 17, 2025 and closes on November 26, 2025. On full subscription, the total share count will rise from 1.62 crore to 5.40 crore shares.

Likely market impact

Existing shareholders must act by the November 7, 2025 record date to either subscribe or renounce their rights entitlement. While the partly-paid structure reduces immediate cash outflow (only ₹2.50 upfront per share), failure to participate will lead to dilution of ownership. Since the issue is priced at par with no premium, it primarily signals capital raising rather than valuation-driven expansion.