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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.3 pts more than Nifty Microcap 250 and 9.2 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Chirayu Agrawal, a promoter of Annvrridhhi Ventures Ltd, has disclosed the sale of 6,40,336 Rights Entitlements through an on-market transaction on 20 May 2025. This represents 1.98% of the company's total share/voting capital (calculated on a post-rights-issue basis assuming full subscription). His direct equity shareholding remains unchanged at 41,56,798 shares (25.66% of voting rights). However, his total economic interest including the unsubscribed Rights Entitlements fell from 14.52% to 13.20%. The transaction was carried out via the open market rather than by subscribing to the rights issue and renouncing the entitlements.
This is a moderate negative signal — the promoter chose to monetise his Rights Entitlements instead of subscribing to the rights issue, which reduces his potential future stake and may indicate limited confidence in the fundraising or near-term value. The actual shareholding percentage is unchanged, so dilution impact on existing shareholders is limited, but promoter participation in the rights issue is weaker than expected.