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 sold 5,00,000 equity shares (about 1.09% of the company's voting capital) through an open market transaction on 27 March 2026. Before the sale, he held 23,51,394 shares (5.13%); after the sale, his holding has come down to 18,51,394 shares (4.04%). The disclosure has been filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011 with BSE. The sale was carried out at the open market, and no encumbrance (pledge/lien) details were affected by this transaction.
This is a modest reduction in promoter shareholding, crossing the 1% disclosure threshold. The promoter is still classified as part of the promoter group but his economic stake has dropped to 4.04%. Retail investors should note that promoters trimming holdings can sometimes be viewed cautiously, though the size here is small and the company remains under the same promoter group's control.