Annvrridhhi Ventures Limited conducted a board meeting on January 8, 2026, where directors approved several significant resolutions requiring shareholder approval. The meeting, which ran from 12:30 p.m. to 1:30 p.m., addressed key corporate governance matters and executive compensation decisions.

Key Board Resolutions

The board approved four major resolutions during the meeting, with most requiring subsequent shareholder approval through a postal ballot process.

Executive Compensation Approval

The board approved remuneration payable to Mr. Sarvesh Manmohan Agrawal, Chairman and Managing Director, for his remaining tenure spanning from August 12, 2026 to August 11, 2028. This approval remains subject to shareholder consent through the upcoming postal ballot process.

Postal Ballot Process

To facilitate shareholder approval for the approved resolutions, the board authorized issuing a postal ballot notice to all shareholders. The company appointed M/s. Kirti Sharma & Associates, Practicing Company Secretaries, as the scrutinizer to conduct the postal ballot e-voting process in a fair and transparent manner.

Regulatory Compliance

The material related party transactions received board approval pursuant to multiple regulatory frameworks:

• Section 188 of The Companies Act, 2013
• Regulation 23 of The SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
• Indian Accounting Standard (IND AS) 24

The company has disclosed this information on its official website at www.annvrridhhi.com , ensuring transparency and regulatory compliance. Company Secretary and Compliance Officer Sakina Lokhandwala signed the disclosure document, confirming the board meeting outcomes under Regulation 30 of SEBI LODR requirements.

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.