The Board of Directors at its meeting held today Saturday, 05th April, 2025 has considered and approved the issue price, rights entitlement ratio, record date, issue size and other allied ....
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Awaiting price reaction for this filing.
The Board of Directors of Annvrridhhi Ventures Ltd, at its meeting held on Saturday, April 5, 2025, considered and approved key terms of a proposed rights issue. The approved items include the issue price, rights entitlement ratio, record date, issue size, and other related matters. However, the specific numbers for the issue price, ratio, and total issue size have not been disclosed in this filing excerpt. This is a capital-raising move by the company, and shareholders will need to watch for further disclosures detailing the exact terms.
Shareholders should track upcoming filings for the detailed rights issue terms, as a rights issue can dilute existing holdings if not fully subscribed and may pressure the stock price near the record date.