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 (formerly J. Taparia Projects Ltd, BSE: 538539), disclosed the sale of 3,00,000 Rights Entitlements through an on-market transaction on 19 May 2025 under SEBI SAST Regulation 29(2). The sale represents 0.93% of the company's total and diluted share capital. His holdings in Rights Entitlements dropped from 32,00,045 (9.88%) to 29,00,045 (8.95%), while his aggregate total holding (shares + entitlements) declined from 15.14% to 14.52%. Importantly, his direct voting equity stake remained unchanged at 41,56,798 shares (25.66%), so there is no change in actual voting power or control.
This is a minor, technical adjustment involving only the rights entitlements (a temporary instrument tied to a rights issue), not the promoter's actual equity or voting rights. No change in promoter control or shareholding percentage — unlikely to materially affect the stock price.