The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chirayu Agrawal
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Mr. Chirayu Agrawal, a promoter of Annvrridhhi Ventures Ltd, has sold 4,00,626 equity shares (2.47% of the company) through an open market transaction on 18th August 2025. Before the sale, he held 32,98,442 shares (20.36%); after the sale, his holding stands at 28,97,816 shares (17.89%). The total equity capital of the company remains Rs. 16.2 crore divided into 1.62 crore shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations.
A promoter reducing their stake by over 2% via open market sale may signal weaker insider confidence or a need to exit, which could weigh negatively on the stock in the short term. However, the promoter still retains a meaningful 17.89% holding, so control of the company is not at risk.