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 known as J. Taparia Projects Limited, has made significant financial moves to strengthen its capital base and operational capabilities. The company's Board of Directors has approved two major decisions: a rights issue of partly paid-up equity shares and a short-term working capital loan facility.

Rights Issue Details

The company has approved a rights issue of up to 3.78 crore partly paid-up equity shares, with a face value of ₹10 each. The total aggregation of the issue amounts to ₹37.8 crore. Here are the key details of the rights issue:

The rights issue aims to raise ₹9.45 crore initially, considering the amount payable on application (₹2.50 per share), assuming full subscription.

Working Capital Loan

In addition to the rights issue, Annvrridhhi Ventures has secured approval for a short-term working capital loan facility of ₹12.75 crore from State Bank of India. The loan is intended to meet the company's working capital requirements. The security for this loan includes:

1. Personal guarantees from promoters and family members
2. Mortgage of immovable properties owned by various family members
3. Hypothecation of present and future assets including raw materials, stock, and receivables

Impact on Share Structure

The rights issue, if fully subscribed, will significantly alter the company's share structure:

Investor Considerations

Investors should note that the rights entitlements will be credited to eligible shareholders' demat accounts prior to the issue opening date. The company has obtained the ISIN: INE075K20021 for the rights entitlements and ISIN: IN9075K01011 for the partly paid-up equity shares to be issued.

These corporate actions demonstrate Annvrridhhi Ventures' efforts to bolster its financial position and provide growth capital. Shareholders and potential investors should carefully consider the terms of the rights issue and the company's plans for utilizing the raised funds before making investment decisions.