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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Awaiting price reaction for this filing.
Promoter Chirayu Agrawal of Annvrridhhi Ventures Ltd filed a SAST disclosure reporting a fall in his equity holding percentage from 14.51% to 5.13%. He did not buy or sell any shares — his share count stayed flat at 23,51,394 shares. The percentage drop happened because the company allotted partly paid-up equity shares to other promoters, promoter group members and public shareholders under a recent rights issue on 17 December 2025. The company's equity capital expanded sharply from 12,00,000 shares (Rs 16 lakh) to 2,96,21,647 partly paid-up shares (Rs 2.50 paid, issue price Rs 10), which automatically diluted his proportional holding.
This is not a promoter exit — it's a passive dilution from a capital-raising rights issue. The promoter did not sell any shares, so there is no bearish signal for the stock. However, existing retail shareholders who did not subscribe to the rights issue saw their own stake get diluted similarly.