Announced Mon, 24 Nov · 17:45 IST

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

Promoter Sarvesh Manmohan Agrawal has sold 98,00,000 Rights Entitlements of Annvrridhhi Ventures Ltd through an off-market transaction dated 21 November 2025. This represents 25.93% of the company's voting capital (calculated on a fully-subscribed post-rights basis). As a result, his total effective holding in the company has dropped sharply from 31.36% to 13.21% (a reduction of about 18 percentage points). His actual equity shareholding remains unchanged at 50,80,532 shares, but his remaining rights entitlements have fallen from 1,18,54,574 to just 20,54,574.

Likely market impact

This is a significant signal of promoter disinterest — the promoter is monetising a large portion of his rights entitlement rather than participating in the company's fund-raising. Shareholders should note that the promoter group is reducing its economic stake well below the 25% threshold, which may affect confidence and could trigger open-offer obligations or reclassification concerns under SEBI takeover norms.