Annvrridhhi Ventures Limited , formerly known as J. Taparia Projects Limited, has received shareholder approval for a significant increase in its authorized share capital. The company's shareholders have given their consent to raise the authorized share capital to ₹100.00 crores, divided into 10 crore equity shares of ₹10.00 each.

Shareholder Approval Process

The approval was obtained through a combination of remote e-voting and venue e-voting. The remote e-voting period ran from September 26 to September 28, allowing shareholders to cast their votes electronically. Additionally, venue e-voting was conducted during the company's 45th Annual General Meeting (AGM) held on September 29, via video conferencing.

Voting Results

According to the scrutinizer's report, the resolution to increase the authorized share capital and alter the Memorandum of Association received overwhelming support:

The resolution was passed with a near-unanimous majority, with 99.98% of the votes cast in favor of the increase in authorized share capital.

Memorandum of Association Amendment

Following the shareholder approval, the company has altered Clause V of its Memorandum of Association to reflect the new authorized share capital structure. The amended clause now reads:

"The Authorized share capital of the company is ₹ 100,00,00,000 (Rupees One Hundred Crores) divided into 10,00,00,000 (Ten crore) equity shares of face value of ₹10 /- (Rupees Ten) each with the rights, privileges and conditions attaching thereto as provided by the regulations of the Company with power for the Company to increase or reduce the share capital, original or increased with or without such preferential deferred, qualified or special rights, privileges or conditions as may be determined by or in accordance with the regulations of the Company and to vary, modify or abrogate any such rights, privileges or conditions in such manner as may be provided by the regulations of the Company."

Implications

The substantial increase in authorized share capital provides Annvrridhhi Ventures with greater flexibility for potential future fundraising activities, stock splits, or other corporate actions that may require additional shares. This move could be seen as a strategic step to position the company for future growth opportunities or capital restructuring.

The company has stated that all information regarding this development has been disclosed on its website, www.annvrridhhi.com , in compliance with regulatory requirements.

Annvrridhhi Ventures Limited, formerly known as J. Taparia Projects Limited, has announced significant changes in its leadership structure and plans for capital expansion. The company's board of directors made several key decisions during a meeting held on August 25, 2025.

Leadership Changes

The company accepted the resignation of Ms. Vrinda Agarwal from her position as Chief Financial Officer (CFO) and Key Managerial Personnel, effective August 25, 2025. Ms. Agarwal cited better growth and career opportunities as the reason for her departure.

In a strategic move, the board approved the appointment of Mr. Manmohan Shreegopal Agrawal as Whole Time Director and Chief Financial Officer for a three-year term, from August 26, 2025, to August 25, 2028. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Mr. Agrawal brings over 40 years of experience in accounts, finance, management, and administration to his new role. He holds a Master of Commerce degree from The Maharaja Sayajirao University of Baroda and has successfully managed his own guest house/lodge business for more than four decades. Mr. Agrawal is also a partner in Transglobal Trade Integration, a firm engaged in the trading, import, and export of grains and pulses.

It's worth noting that Mr. Manmohan Shreegopal Agrawal is the father of Mr. Sarvesh Manmohan Agrawal, the company's Chairman and Managing Director, and the brother of Mr. Jagdishprasad Shreegopal Agrawal, a Non-Executive Non-Independent Director of the company.

Capital Expansion and Auditor Appointment

The board has authorized an increase in the company's authorized share capital from ₹54.00 crores to ₹100.00 crores, subject to shareholder approval. This move suggests that Annvrridhhi Ventures may be planning for significant growth or expansion in the near future.

In another important decision, the board appointed M/s. VRCA & Associates as the company's statutory auditors for a five-year term, replacing M/s. VCA & Associates. VRCA & Associates, established in 1977, brings extensive experience in audit and assurance services, taxation, and various consultancy services.

Annual General Meeting

Annvrridhhi Ventures has scheduled its 45th Annual General Meeting for September 29, 2025. The meeting will be conducted through video conferencing, with remote e-voting available from September 26 to September 28, 2025.

These changes in leadership, capital structure, and auditing arrangements indicate that Annvrridhhi Ventures is positioning itself for a new phase of growth and development. Shareholders and market watchers will be keenly observing how these strategic moves impact the company's future performance and direction.