Announced Mon, 24 Nov · 17:35 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarvesh Agrawal

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sarvesh Manmohan Agrawal, promoter of Annvrridhhi Ventures Ltd, sold 98,00,000 Rights Entitlements through an off-market transaction on 21 November 2025. Before the transaction, his total holding (shares plus rights entitlements) stood at 1,69,35,106 units representing 31.36% of the company. After the sale, this dropped to 71,35,106 units or 13.21% — a reduction of roughly 18.15 percentage points. The promoter retains 50,80,532 equity shares (9.41%) and 20,54,574 rights entitlements (3.80%). The equity share capital of the company remains unchanged at Rs 16.2 crore (1.62 crore shares of Rs 10 each). The off-market sale of rights entitlements suggests the promoter chose not to subscribe fully to the company's rights issue and instead monetized those entitlements.

Likely market impact

This is a sizeable reduction in promoter economic interest and effective voting power, which markets often read as a negative signal on promoter confidence. Since the sale was off-market and the buyer is not identified in this filing, investors should watch for follow-up disclosures to identify whether any entity is creeping toward a takeover threshold.