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.

Annvrridhhi Ventures Limited has issued a comprehensive postal ballot notice dated January 8, 2026, seeking shareholder approval through remote e-voting for three significant corporate resolutions. The company is pursuing these approvals to facilitate business operations and governance enhancements for the upcoming period.

Material Related Party Transactions

The primary resolution seeks approval for material related party transactions aggregating ₹222.00 crores for the period from April 1, 2026, to September 30, 2026. These transactions involve five related entities and encompass various business activities including sale and purchase of goods, services, and trade advances.

The proposed transactions represent 331.71% of the company's annual consolidated turnover of ₹66,96,63,083.95 for FY 2024-25, making them material under SEBI regulations. The company has established relationships with these entities, with key management personnel holding significant stakes in the related parties.

Board Appointment and Executive Remuneration

The second resolution proposes the appointment of Ms. Bhavana Hamirbhai Jadav (DIN: 11375842) as Non-Executive Independent Director for a five-year term from November 14, 2025, to November 13, 2030. Ms. Jadav brings over 25 years of healthcare administration experience and currently serves as Founder of Manbhav – Holistic Healthcare and Wellness.

The third resolution addresses the remuneration structure for Chairman and Managing Director Mr. Sarvesh Manmohan Agrawal for his remaining tenure from August 12, 2026, to August 11, 2028. The proposed remuneration includes a maximum annual limit of ₹40.00 lakhs, comprising basic salary of ₹2,00,000 per month plus performance-based incentives and various perquisites.

Voting Process and Timeline

The company has established a comprehensive e-voting framework for shareholder participation. The remote e-voting period commences on January 14, 2026, at 9:00 AM and concludes on February 12, 2026, at 5:00 PM. National Securities Depository Limited (NSDL) will provide the e-voting platform, with Ms. Kirti Sharma of M/s. Kirti Sharma & Associates appointed as Scrutinizer.

Shareholders whose names appear in the Register of Members as of the cut-off date January 9, 2026, are eligible to participate in the voting process. The company will communicate results through its website www.annvrridhhi.com and BSE Limited where its equity shares are listed.

Regulatory Compliance and Governance

The postal ballot process adheres to provisions under Sections 108 and 110 of The Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All related parties will abstain from voting on the related party transaction resolution, ensuring compliance with regulatory requirements for public shareholder approval.

The company's annual consolidated turnover for FY 2024-25 stood at ₹66,96,63,083.95, providing the baseline for materiality assessment of the proposed transactions. The Board of Directors and Audit Committee have recommended all three resolutions, emphasizing their importance for the company's operational efficiency and strategic growth objectives.