Annvrridhhi Ventures Ltd (538539)

Annvrridhhi Ventures has issued an addendum to the notice of its 46th Annual General Meeting scheduled for September 30, 2026. The company is seeking shareholder approval for material related party transactions amounting up to Rs 50 crore for personal guarantees, property mortgages, and corporate guarantees from promoters and related entities. These securities are being provided in connection with a working capital facility availed by the company from the State Bank of India (SBI). The omnibus approval is sought for a one-year tenure spanning October 1, 2026, to September 30, 2027.

• AGM addendum introduces Item No. 5 to approve material related party transactions of up to Rs 50 crore.
• Promoters and relatives to provide personal guarantees and property mortgages to secure an SBI working capital facility.
• Swanayra Global LLP to provide a corporate guarantee of up to Rs 50 crore.
• Approval sought for a 1-year period valid from October 1, 2026, to September 30, 2027.
• 46th AGM scheduled to be conducted on September 30, 2026.

Annvrridhhi Ventures has issued an addendum to the notice of its 46th Annual General Meeting scheduled for September 30, 2026. The company is seeking shareholder approval for material related party transactions amounting up to Rs 50 crore for personal guarantees, property mortgages, and corporate guarantees from promoters and related entities. These securities are being provided in connection with a working capital facility availed by the company from the State Bank of India (SBI). The omnibus approval is sought for a one-year tenure spanning October 1, 2026, to September 30, 2027.

• AGM addendum introduces Item No. 5 to approve material related party transactions of up to Rs 50 crore.
• Promoters and relatives to provide personal guarantees and property mortgages to secure an SBI working capital facility.
• Swanayra Global LLP to provide a corporate guarantee of up to Rs 50 crore.
• Approval sought for a 1-year period valid from October 1, 2026, to September 30, 2027.
• 46th AGM scheduled to be conducted on September 30, 2026.

Annvrridhhi Ventures' board has approved material related-party transactions (RPT) worth up to Rs 50 crore involving personal guarantees, property mortgages, and corporate guarantees from promoters and entities like Swanayra Global LLP. These credit securities are required to support an SBI working capital facility for the company. The approval is valid for one year from October 1, 2026, to September 30, 2027, and requires shareholder sign-off via an ordinary resolution at the AGM on September 30, 2026. The Rs 50 crore guarantee limit significantly exceeds the company's current net worth of Rs 18 crore and total debt of Rs 13 crore.

• Material related-party transactions approved up to an aggregate value of 50 crores
• Securities comprise personal guarantees and property mortgages from promoter group members and Swanayra Global LLP
• Guarantees required for collateral backing an SBI working capital facility
• Approval tenure set for 1 year from 01.10.2026 to 30.09.2027
• Item added as Special Business to the 46th AGM scheduled for September 30, 2026

Annvrridhhi Ventures Limited received ₹2,77,88,616 against its second and final call of ₹4.00 per share on 69,47,154 partly paid-up equity shares. The Rights Issue Committee approved the conversion of these 69,47,154 partly paid-up shares (ISIN: IN9075K01029) into fully paid-up equity shares of ₹10 face value (ISIN: INE075K01013). This represents a collection on ~23.45% of the total 2,96,21,647 partly paid-up shares outstanding. The company is now completing corporate action formalities to obtain listing and trading approvals for the converted shares.

• Received ₹2,77,88,616 on 69,47,154 partly paid-up equity shares towards the second and final call.
• Call money rate was set at ₹4.00 per share (40% of ₹10 face value).
• Conversion of 69,47,154 shares approved from partly paid-up to fully paid-up equity shares.
• Call money collection represents ~23.45% of the total 2,96,21,647 partly paid-up shares originally issued on rights basis.

Annvrridhhi Ventures Limited has submitted its Statement of Deviation or Variation for the quarter ended June 30, 2026, confirming nil deviation in the utilisation of Rights Issue proceeds. The company had raised ₹11.88 crore (₹11,87,73,754) via partly paid-up equity shares allotted on December 17, 2025. Cumulatively, ₹11.76 crore (₹1175.84 lakhs) has been deployed towards working capital and general corporate purposes, with ₹4.38 crore (₹437.59 lakhs) utilized during the quarter. The monitoring agency, Acuite Ratings & Research Limited, and the Audit Committee raised no adverse remarks.

• Total funds raised via Rights Issue: ₹11.88 crore (₹11,87,73,754) allotted on December 17, 2025
• Cumulative funds utilised: ₹11.76 crore (₹1175.84 lakhs) out of ₹1187.74 lakhs allocated
• Quarterly utilisation: ₹4.38 crore (₹437.59 lakhs) deployed during the quarter ended June 30, 2026
• Zero deviation reported from the original objects of working capital and general corporate purposes

Annvrridhhi Ventures Limited held a Board meeting on August 14, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The statutory auditor M/s. VRCA & Associates has submitted a Limited Review Report on the results. The meeting commenced at 05:30 p.m. and concluded at 08:45 p.m. The company has a market capitalization of Rs 152 Cr with negligible trailing revenues.

• Board approved unaudited financial results for the quarter ended 30th June, 2026 on 14th August, 2026.
• Board meeting commenced at 05:30 p.m. and concluded at 08:45 p.m. (duration: 3 hours 15 minutes).
• Limited Review Report issued by statutory auditor M/s. VRCA & Associates, Chartered Accountants.
• Results released for Annvrridhhi Ventures (formerly known as J. Taparia Projects Limited).

Annvrridhhi Ventures Limited approved its unaudited financial results for the quarter ended June 30, 2026, at its board meeting held on August 14, 2026. Statutory auditor M/s. VRCA & Associates issued the Limited Review Report for the period. The meeting was held from 05:30 p.m. to 08:45 p.m. Detailed financial line items were not included in the primary outcome cover letter.

• Board approved unaudited financial results for the quarter ended June 30, 2026
• Limited Review Report issued by statutory auditors M/s. VRCA & Associates
• Board meeting commenced at 05:30 p.m. and concluded at 08:45 p.m. on August 14, 2026

Annvrridhhi Ventures Ltd has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is currently in a precarious financial position with TTM revenue reported at Rs 0 crore and a TTM net loss of Rs 4 crore. The trading window for insiders remains closed until August 16, 2026. This is a routine regulatory filing required under SEBI (LODR) Regulations.

• Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
• Trading window for insiders closed from July 1, 2026, to August 16, 2026.
• Company reports TTM revenue of Rs 0 crore as per latest available data.
• Promoter holding has decreased from 56.07% in December 2025 to 51.77% in April 2026.

Annvrridhhi Ventures has initiated the dispatch of the second and final call money notice for its rights issue. Shareholders holding 2,96,21,647 partly paid-up shares are required to pay ₹4.00 per share between July 31 and August 14, 2026. This call will raise approximately ₹11.85 crore, which is significant given the company's current net worth of ₹30 crore. Failure to pay will result in a 10% per annum interest penalty and potential forfeiture of the shares and previously paid amounts.

• Final call amount fixed at ₹4.00 per rights equity share
• Total of 2,96,21,647 partly paid-up shares are eligible for the call
• Payment period is scheduled from July 31, 2026, to August 14, 2026
• Interest at 10% p.a. will be charged on payments delayed beyond the deadline
• Trading of partly paid-up shares (ISIN: IN9075K01029) was suspended effective July 14, 2026