Annvrridhhi Ventures Limited, formerly known as J. Taparia Projects Limited, has officially announced a significant move towards capital expansion through the issuance of partly paid equity shares via a rights issue. This development was approved during the company’s Board of Directors meeting held on August 2, 2025. The total amount to be raised under this rights issue is ₹38 crore, which is expected to bolster the company’s financial strength and support its future business strategies.

Strategic Intent of the Rights Issue

The rights issue is a mechanism whereby a listed company offers its existing shareholders the right to purchase additional shares at a discounted price. This method not only helps the company raise funds but also ensures that existing shareholders retain their proportional ownership. In this case, Annvrridhhi Ventures plans to issue partly paid-up equity shares of ₹10 face value each, subject to terms that will be finalised in due course.

The proceeds from this rights issue are expected to be used for multiple purposes, including expansion of operations, repayment of obligations, and strengthening of working capital. This aligns with the company’s strategy to increase its market presence, scale operations, and enhance shareholder value.

Regulatory Compliance and Approvals

The rights issue will be carried out in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013. The company has confirmed that all regulatory and statutory approvals required for this issue will be duly obtained.

A Draft Letter of Offer, which is a key document in any rights issue, has already been prepared and approved by the Board. This draft will be filed with the BSE and other concerned regulators for in-principle approval, paving the way for the official launch of the rights issue in the coming weeks.

Record Date and Issue Terms

While the Board has approved the rights issue in principle, some key parameters such as the record date, issue price, rights entitlement ratio, and payment terms will be determined by the Rights Issue Committee. These will be announced in separate filings once approved.

• The record date is crucial as it determines the eligibility of shareholders to participate in the issue.

• The rights entitlement ratio will dictate how many new shares a shareholder can purchase based on their existing holdings.

• The issue price is typically offered at a discount to the current market price to incentivise participation.

• Partly paid-up shares imply that shareholders will pay for the shares in installments – the details of which will be announced.

All such details will be clearly specified in the Letter of Offer, which will be dispatched to eligible shareholders soon after the record date is finalised.

Shareholder Communication and Access

The company has assured that the Letter of Offer will contain all necessary information about the application procedure, timelines, and terms of payment. This document will be sent to all eligible equity shareholders as per their holding on the record date and will also be made available on the company’s website www.annvrridhhi.com.

This ensures transparency and clarity in communication, enabling shareholders to make an informed decision.

Financial Prudence and Market Confidence

By choosing the rights issue route, Annvrridhhi Ventures has taken a shareholder-friendly approach to raise funds without diluting promoter stake to outsiders. This move also reflects the company’s confidence in its business prospects and commitment to long-term value creation for its investors.

The rights issue mechanism is seen as a cost-effective and less complex alternative to other forms of capital raising such as public offerings or qualified institutional placements. For shareholders, this is an opportunity to invest at discounted rates and potentially benefit from future capital appreciation as the company grows.

Company’s Background and Past Developments

Annvrridhhi Ventures Limited, formerly operating under the name J. Taparia Projects Limited, is a company listed on the Bombay Stock Exchange (BSE) under scrip code 538539. It has steadily evolved its business strategy and is now repositioning itself in the market through strategic funding initiatives such as this rights issue.

The company had earlier taken shareholder and board approvals for key decisions involving restructuring and business re-alignment. This current capital raise is another step in that ongoing strategy.

The Company Secretary, Ms. Sakina Lokhandwala, has confirmed in the filing that the proposed rights issue will be executed in compliance with all legal requirements and shareholders can expect a seamless process.

Key Highlights from Annexure B

The regulatory disclosure (Annexure B) as part of the SEBI norms includes:

• Type of Securities: Partly paid-up equity shares

• Type of Issuance: Rights issue to existing shareholders

• Total Amount: Not exceeding ₹38 crore

• Cancellation or Termination: No such decision has been taken

The rights issue shows no indication of cancellation or alteration at this stage, indicating a firm commitment from the Board to go ahead.

Trading and Market Impact

While the impact on the share price of Annvrridhhi Ventures post-rights issue announcement will depend on broader market sentiments and participation, it is generally observed that such announcements attract investor interest, especially when the use of proceeds is strategic.

Partly paid-up shares are usually structured to ease the burden on investors and encourage broader participation. With careful planning and transparent disclosures, the company is expected to garner a positive response from its shareholder base.

In conclusion, the ₹38 crore rights issue by Annvrridhhi Ventures Limited marks an important milestone in the company’s growth journey. It reflects a strong commitment towards financial prudence, regulatory compliance, and enhanced shareholder engagement. Existing shareholders should keep a close eye on upcoming announcements regarding the record date, entitlement ratio, and payment structure to participate effectively in this opportunity.

This development also signals growing activity in India’s capital markets, where mid-sized companies are taking proactive steps to fuel their expansion through structured equity instruments rather than external borrowing.

The Upcoming IPOs in this week and coming weeks are BLT Logistics, Bhadora Industries, Highway Infrastructure, Parth Electricals & Engineering, Jyoti Global Plast, Essex Marine, Aaradhya Disposal Industries.

The Current active IPO are Flysbs Aviation, Cash Ur Drive Marketing, Renol Polychem, B.D. Industries (Pune), NSDL, Takyon Networks, Mehul Colours, M&B Engineering, Sri Lotus Developers & Realty.

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