Annvrridhhi Ventures Limited has filed its quarterly statement confirming no deviation in the utilisation of funds raised through its rights issue for the quarter ended December 31, 2025. The company submitted this compliance report to BSE Limited on February 13, 2026, in accordance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rights Issue Details

The company successfully raised funds through a rights issue of partly paid-up equity shares, with the allotment completed on December 17, 2025. The Rights Issue Committee approved the allotment of 2,96,21,647 partly paid-up rights equity shares with specific payment terms.

Fund Utilisation Status

The company has demonstrated disciplined fund management with substantial utilisation of the raised capital within the quarter. The funds were allocated for working capital requirements and general corporate purposes as originally stated in the Letter of Offer dated November 1, 2025.

Regulatory Compliance

The statement was prepared pursuant to SEBI circular CIR/CFD/CMD1/162/2019 dated December 24, 2019, and was duly reviewed by the company's Audit Committee in its meeting held on February 13, 2026. Acuite Ratings & Research Limited serves as the monitoring agency for this rights issue.

Corporate Structure

Annvrridhhi Ventures Limited, formerly known as J. Taparia Projects Limited, operates under script code 538539 on BSE. The company's systematic approach to fund utilisation reflects its commitment to maintaining transparency with stakeholders and regulatory compliance.

The balance amount on the partly paid-up shares remains payable through subsequent calls as determined by the Board or Rights Issue Committee at their discretion. This structure provides the company with flexibility in capital deployment while ensuring regulatory adherence.

Annavridhhi Ventures Limited (formerly known as J. Taparia Projects Limited) submitted its unaudited financial results for the third quarter ended December 31, 2025, to BSE Limited under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results in their meeting held on February 13, 2026, which commenced at 5:30 p.m. and concluded at 6:25 p.m.

Quarterly Financial Performance

The company demonstrated strong quarterly performance with revenue from operations reaching ₹2,257.19 lakhs in Q3 FY26 compared to ₹1,955.06 lakhs in Q3 FY25, representing a growth of 15.45%. The quarterly profit stood at ₹18.32 lakhs, up from ₹14.44 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance showed mixed results. While revenue from operations increased to ₹6,450.42 lakhs from ₹5,080.60 lakhs in the previous year, the company reported a net loss of ₹1.69 lakhs compared to a profit of ₹43.10 lakhs in the corresponding nine-month period of FY25.

Rights Issue and Capital Structure

During Q3 FY26, the company successfully completed a partly paid-up rights issue aggregating up to ₹38 crores. The issue comprised 3,78,00,000 partly paid-up equity shares of face value ₹10 each at an issue price of ₹10 per share, with ₹2.50 payable on application and balance ₹7.50 payable on subsequent calls.

The company allotted 2,96,21,647 partly paid-up equity shares, raising ₹29.62 crores with ₹7,40,54,117.50 received on application. This increased the paid-up equity share capital from ₹16.20 crores to approximately ₹23.60 crores. As of December 31, 2025, the company had utilized ₹7,31,24,081 from the proceeds with no deviation from stated objects.

Regulatory Compliance and Audit

The financial results were reviewed by the Audit Committee before board approval and prepared in accordance with Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013. VRCA & Associates, Chartered Accountants, issued a clean Limited Review Report with no qualifications for the quarter ended December 31, 2025.

Corporate Developments

During August 2025, promoter Mr. Chirayu Agrawal sold 18,05,404 equity shares through open market transactions, reducing his shareholding from 41,56,798 shares to 23,51,394 shares. All transactions were disclosed in compliance with SEBI regulations. The company continues to evaluate the impact of new Labour Codes, with any financial effects to be assessed and recognized in Q4 FY26 results.