Annvrridhhi Ventures Limited , formerly known as J. Taparia Projects Limited, has announced significant changes to its board of directors along with its financial results for the quarter and half-year ended September 30, 2025.

Board Changes

The company has appointed Mrs. Bhavana Hamirbhai Jadav as an Additional Non-Executive Independent Director, effective November 14, 2025. Mrs. Jadav, a medical doctor with over 25 years of experience in healthcare administration and public service, brings extensive expertise in healthcare governance, risk management, and holistic leadership to the board.

Simultaneously, Mr. Tarunkumar Bhagwandas Sukhwani has resigned from his position as Non-Executive Independent Director, citing other professional commitments. His resignation will take effect from November 15, 2025, after the close of business hours.

Financial Performance

For the quarter ended September 30, 2025, Annvrridhhi Ventures reported the following financial results:

The company's revenue from operations in Q2 FY2026 showed a year-on-year increase of about 25% compared to Q2 FY2025. However, the profit after tax decreased by approximately 59% compared to the same quarter last year.

Half-Year Performance

For the half-year ended September 30, 2025:

• Total income stood at ₹4,193.24 lakhs, up from ₹3,127.38 lakhs in the corresponding period of the previous year.
• The company reported a loss of ₹20.01 lakhs, compared to a profit of ₹28.66 lakhs in the same period last year.

Rights Issue

The Board of Directors has approved a Rights Issue of partly paid-up equity shares aggregating up to ₹38 crores. The issue terms include:

• Up to 3.78 crore partly paid-up equity shares
• Face value of ₹10 each
• Issue price of ₹10 per share
• ₹2.50 payable on application
• ₹7.50 on subsequent calls

Other Developments

• The company's promoter, Mr. Chirayu Agrawal, reduced his shareholding from 41,56,798 equity shares to 23,51,394 equity shares through open market transactions between August 12-19, 2025.
• The Board has reconstituted various committees following the changes in directorship.

Annvrridhhi Ventures continues to operate primarily in the Agricultural Food Products segment.

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

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.