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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Chirayu Agrawal, a promoter of Annvrridhhi Ventures Ltd, has disclosed a sale of 4,00,626 equity shares through an open market transaction on 18 August 2025, filed under SEBI SAST Regulation 29(2). His stake in the company has reduced from 20.36% (32,98,442 shares) to 17.89% (28,97,816 shares), a fall of 2.47 percentage points. The total equity share capital of the company remains unchanged at Rs. 16.20 crore (1,62,00,000 shares of Rs. 10 each). No encumbrance (pledge/lien) details were involved in this transaction. The company is listed on BSE under script code 538539.
A promoter trimming his stake by over 2% through open market sale is generally viewed as a negative signal by retail investors, as it may suggest reduced confidence in near-term prospects. The stock could see some selling pressure, though the promoter continues to hold a meaningful 17.89% stake.