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Annvrridhhi Ventures LtdImportant, 15-05-2026: Company Update

15-05-2026 · 07:38 pm

Annvrridhhi Ventures' monitoring agency confirmed proper use of funds raised through its Rights Issue, reporting no deviation in how the money was utilized. While the issue was originally sized at INR 37.80 Cr, the company collected INR 7.40 Cr, primarily due to not achieving full subscription. Out of the funds collected, INR 7.38 Cr has been deployed for stated purposes, including working capital, general corporate needs, and issue-related expenses. The Audit Committee affirmed that funds were utilized as planned in the Offer Document, ensuring accountability to shareholders.

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