Annvrridhhi Ventures Ltd — Important, 01-11-2025: Company Update
01-11-2025 | 04:58 pm
01-11-2025 | 04:58 pm
Annvrridhhi Ventures' Board has approved a rights issue of partly paid-up equity shares to raise funds. The company will issue 3.78 crore partly-paid shares, offering 7 new shares for every 3 held by eligible shareholders. Each share is priced at ₹10, with ₹2.50 payable on application and the balance in subsequent calls. The issue aims to raise up to ₹37.80 Cr in total, with ₹9.45 Cr expected on application. A record date has been fixed to determine eligible shareholders. This move will increase the total outstanding shares from 1.62 crore to 5.40 crore, strengthening the company's financial base.
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