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 strengthened its financial position through two major corporate actions: executing a working capital loan agreement with State Bank of India and announcing a rights issue worth ₹37.80 crore.

Loan Agreement Execution

The company has successfully executed a loan agreement with State Bank of India on January 3, 2026, for a short-term working capital facility. The Board of Directors had previously approved this arrangement in their meeting held on November 1, 2025.

Security and Guarantees

The loan facility is secured through comprehensive arrangements involving the promoter group:

Personal Guarantees provided by:

• Mr. Sarvesh Manmohan Agrawal (Promoter and Chairman & Managing Director)
• Mr. Manmohan Shreegopal Agrawal (Whole Time Director and CFO)
• Mrs. Manjulaben Agrawal (wife of Mr. Manmohan Shreegopal Agrawal)
• Mr. Jagdishprasad Shreegopal Agrawal (Non-Executive Non-Independent Director)
• Mrs. Priti Agrawal (wife of Mr. Jagdishprasad Shreegopal Agrawal)
• Mr. Sunilkumar Shreegopal Agrawal
• Mrs. Sonal Agrawal (wife of Mr. Sunilkumar Shreegopal Agrawal)

Additional Security includes:

• Mortgage of immovable properties owned by various family members
• Hypothecation of present and future raw materials, stock in process, stores, and finished goods
• Hypothecation of present and future receivables, book debts, and other current assets

Rights Issue Details

The company has also approved a rights issue of up to 3.78 crore partly paid-up equity shares with a face value of ₹10 each, totaling ₹37.80 crore.

Share Structure Impact

The rights issue will significantly expand the company's equity base:

These strategic financial moves demonstrate Annvrridhhi Ventures' commitment to strengthening its capital structure and operational capabilities. The working capital loan provides immediate liquidity support, while the rights issue offers long-term capital for growth initiatives.