Annvrridhhi Ventures Limited has submitted its monitoring agency report for Q3 FY26, confirming no deviation in the utilisation of funds raised through its rights issue for the quarter ended December 31, 2025. The report, prepared by Acuite Ratings & Research Limited and filed with BSE Limited on February 13, 2026, validates the company's adherence to regulatory requirements under SEBI regulations.

Rights Issue Performance and Fund Deployment

The company successfully raised ₹7.40 crores through its rights issue of partly paid-up equity shares, representing 25% of the initial call on the approved issue size of ₹37.80 crores. The monitoring agency report confirms substantial utilisation of the raised capital across designated objects.

Issue Structure and Allotment Details

The rights issue was conducted from November 17, 2025 to December 16, 2025, with allotment completed on December 17, 2025. Out of the approved 3.78 crore shares, 2.96 crore partly paid-up equity shares were allotted at ₹10 per share with ₹2.50 paid on application.

Monitoring Agency Assessment

Acuite Ratings & Research Limited, serving as the appointed monitoring agency, confirmed that all fund utilisation aligns with disclosures in the offer document. The agency verified that no government or statutory approvals were required for the stated objects and found no unfavorable events affecting project viability. The monitoring agency report was prepared based on documents provided by the issuer, bank statements, invoices and statutory auditors certificate issued by M/s. VCA & Associates.

Regulatory Compliance and Corporate Governance

The monitoring report was reviewed by the company's Audit Committee on February 13, 2026, ensuring proper oversight. The report confirms compliance with Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has been disclosed on the company's website www.annvrridhhi.com .

Annvrridhhi Ventures Limited, formerly J. Taparia Projects Limited, operates under BSE script code 538539 with ISIN INE075K01013. The remaining 75% of the issue amount will be collected through future calls as determined by the Board or Rights Issue Committee, providing flexibility in capital deployment while maintaining regulatory transparency.

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.