There was no deviation or variation in the utilisation of funds raised through RIghts issue for the quarter ended on 31.12.2025
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Annvrridhhi Ventures Limited has filed a regulatory confirmation stating that the funds raised through its Rights Issue in December 2025 have been used exactly as originally disclosed, with no deviation or variation. The company raised ₹7.40 crore on 17 December 2025 by allotting 2.96 crore partly paid-up equity shares (₹10 face value, ₹2.50 paid on application). Out of the ₹7.40 crore raised, ₹7.31 crore was utilised during the quarter for working capital requirements, general corporate purposes, and issue expenses. The statement was reviewed by the Audit Committee on 13 February 2026 and is also monitored by Acuite Ratings & Research Limited. Both the Audit Committee and auditors had no comments on the utilisation.
This is a routine compliance filing that signals good governance and transparency, with no misuse of investor funds. Shareholders can take comfort that the Rights Issue proceeds are being deployed as promised, though the small scale of the raise (₹7.40 crore) means limited material impact on the stock.