Annvrridhhi Ventures Executes ₹12.75 Crore SBI Loan Agreement and Announces Rights Issue

2 min read     Updated on 01 Nov 2025, 04:58 PM
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Reviewed by
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Overview

Annvrridhhi Ventures Limited has completed execution of a ₹12.75 crore working capital loan agreement with State Bank of India and announced a rights issue worth ₹37.80 crore. The loan is secured through personal guarantees from seven promoter group members and mortgage of immovable properties, while the rights issue offers 3.78 crore partly paid-up equity shares at ₹10 each with a 7:3 entitlement ratio.

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*this image is generated using AI for illustrative purposes only.

Annvrridhhi Ventures Limited , formerly known as J. Taparia Projects Limited, has strengthened its financial position through two major corporate actions: executing a working capital loan agreement with State Bank of India and announcing a rights issue worth ₹37.80 crore.

Loan Agreement Execution

The company has successfully executed a loan agreement with State Bank of India on January 3, 2026, for a short-term working capital facility. The Board of Directors had previously approved this arrangement in their meeting held on November 1, 2025.

Loan Details: Specifications
Lender: State Bank of India
Loan Amount: ₹12.75 crore
Purpose: Short-term working capital requirements
Agreement Date: January 3, 2026
Outstanding Amount: Nil

Security and Guarantees

The loan facility is secured through comprehensive arrangements involving the promoter group:

Personal Guarantees provided by:

  • Mr. Sarvesh Manmohan Agrawal (Promoter and Chairman & Managing Director)
  • Mr. Manmohan Shreegopal Agrawal (Whole Time Director and CFO)
  • Mrs. Manjulaben Agrawal (wife of Mr. Manmohan Shreegopal Agrawal)
  • Mr. Jagdishprasad Shreegopal Agrawal (Non-Executive Non-Independent Director)
  • Mrs. Priti Agrawal (wife of Mr. Jagdishprasad Shreegopal Agrawal)
  • Mr. Sunilkumar Shreegopal Agrawal
  • Mrs. Sonal Agrawal (wife of Mr. Sunilkumar Shreegopal Agrawal)

Additional Security includes:

  • Mortgage of immovable properties owned by various family members
  • Hypothecation of present and future raw materials, stock in process, stores, and finished goods
  • Hypothecation of present and future receivables, book debts, and other current assets

Rights Issue Details

The company has also approved a rights issue of up to 3.78 crore partly paid-up equity shares with a face value of ₹10 each, totaling ₹37.80 crore.

Rights Issue Parameters: Details
Issue Price: ₹10 per share
Payment Terms: ₹2.50 on application, ₹7.50 through subsequent calls
Rights Ratio: 7 equity shares for every 3 shares held
Record Date: November 7, 2025
Issue Opening: November 17, 2025
Issue Closing: November 26, 2025
Last Date for Renunciation: November 20, 2025

Share Structure Impact

The rights issue will significantly expand the company's equity base:

Share Structure: Number of Equity Shares
Pre-Rights Issue: 1,62,00,000
Post-Rights Issue (full subscription): 5,40,00,000

These strategic financial moves demonstrate Annvrridhhi Ventures' commitment to strengthening its capital structure and operational capabilities. The working capital loan provides immediate liquidity support, while the rights issue offers long-term capital for growth initiatives.

Historical Stock Returns for Annvrridhhi Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.10%-5.24%-3.72%-13.69%-46.75%+2,028.89%
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Annvrridhhi Ventures Secures BSE Approval for ₹38 Crore Rights Issue

1 min read     Updated on 14 Oct 2025, 05:05 PM
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Reviewed by
Naman SScanX News Team
Overview

Annvrridhhi Ventures Limited has received in-principle approval from BSE Limited for a proposed rights issue of partly paid-up equity shares, with a maximum issue amount of ₹38.00 crores. The approval, dated October 14, 2025, was confirmed by the company's Secretary and Compliance Officer, Sakina Lokhandwala. This development allows existing shareholders to potentially increase their stake in the company at a discounted price. The announcement was made in compliance with SEBI regulations, ensuring transparency with stakeholders.

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*this image is generated using AI for illustrative purposes only.

Annvrridhhi Ventures Limited (formerly J. Taparia Projects Limited) has received a significant boost to its capital raising plans. The company announced that it has secured in-principle approval from BSE Limited for a proposed rights issue of partly paid-up equity shares.

Key Details of the Rights Issue

Aspect Details
Issuing Company Annvrridhhi Ventures Limited
Former Name J. Taparia Projects Limited
Approval Type In-principle approval
Approving Authority BSE Limited
Maximum Issue Amount ₹38.00 crores
Approval Date October 14, 2025
Reference Number LOD/RIGHT/SS/FIP/1031/2025-26
Script Code 538539
ISIN INE075K01013

Regulatory Compliance

The company made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to disclose material events or information to stock exchanges.

Company's Response

Sakina Lokhandwala, the Company Secretary and Compliance Officer of Annvrridhhi Ventures Limited, confirmed the receipt of the in-principle approval letter from BSE Limited. The company has duly informed the stock exchange about this development, ensuring transparency with its stakeholders.

Implications for Investors

A rights issue allows existing shareholders to purchase additional shares at a discounted price, potentially increasing their stake in the company. For Annvrridhhi Ventures, this approval paves the way for raising capital up to ₹38.00 crores, which could be used for various corporate purposes such as expansion, debt reduction, or working capital requirements.

Investors and market participants will be keenly watching for further details about the rights issue, including the price, ratio, and record date, which the company is expected to announce in due course.

This corporate action marks a significant step for Annvrridhhi Ventures Limited in its capital raising efforts, potentially impacting its financial structure and future growth prospects.

Historical Stock Returns for Annvrridhhi Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.10%-5.24%-3.72%-13.69%-46.75%+2,028.89%
Annvrridhhi Ventures
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