The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chirayu Agrawal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chirayu Agrawal, a promoter of Annvrridhhi Ventures Ltd (formerly J. Taparia Projects Ltd), has disclosed the sale of 3,00,000 Rights Entitlements through an on-market transaction on 19 May 2025 under SEBI SAST Regulations. The disposal represents 0.93% of the company's total diluted share capital. His underlying equity shareholding remained unchanged at 41,56,798 shares (25.66% of voting capital), but his Rights Entitlements dropped from 32,00,045 (9.88%) to 29,00,045 (8.95%). His total deemed holding, calculated on a post-rights fully-subscribed basis, fell from 15.14% to 14.52%.
The promoter is selling entitlement to subscribe to new shares rather than exercising the right, which may signal reluctance to commit additional capital into the rights issue. Actual voting stake stays at 25.66%, so there is no direct change in control, but the move could be viewed mildly negatively as the promoter is not fully participating in the capital raise.