Annvrridhhi Ventures Extends Rights Issue Closing Date to December 10

Vadodara, November 25: Annvrridhhi Ventures Ltd has announced that it has extended the closing date for its rights issue to December 10. The rights issue was set to close tomorrow, on November 26, but has now been extended by the company. The decision to extend the closing date was approved by the company’s Rights Issue Committee today.

Extension Granted to Support Higher Participation

The company announced that it has extended the closing date for the rights issue to ensure higher participation for eligible shareholders. The extension is also aimed at providing eligible shareholders with adequate time to complete their application process. The company has announced the rights issue with a ratio of 7:3. This means that every eligible shareholder holding 3 shares of the company will receive 7 rights equity shares.

The revised dates are as follows:

• November 20, 2025: Last Date for On-Market Renunciation of Rights Entitlements
• December 10, 2025: Issue Closing Date
• December 11, 2025: Basis of Allotment (on or about)
• December 11, 2025: Date of Allotment (on or about)
• December 12, 2025: Credit of Rights Equity Shares
• December 12, 2025: Listing of Rights Equity Shares

Shares Fall by 2.45% at ₹10.37

As of 3:20 PM, Annvrridhhi Ventures’ share price was down by 2.45%, or 0.26 points, and was trading at ₹10.37. The traded volume stood at 39.58 thousand shares, with the company’s market cap at ₹57 crore. The shares have their 52-week high at ₹24.44 and their 52-week low at ₹8.50.

Investor Takeaway

Annvrridhhi Ventures’ decision to extend the closing date for its rights issue is a decision that will positively impact the investors. They will have more time to participate and can complete their application process without haste. The record date for the issue was November 7, which only leaves eligible shareholders who can apply to the rights issue. For today, the shares saw selling pressure, leading to a fall in the share price.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/016a1ff0-4aff-42e6-9bc1-754d9746f8ea.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations