Annvrridhhi Ventures Reports Q1 Loss Despite Revenue Growth; Plans New Rights Issue
Annvrridhhi Ventures Limited reported a net loss of Rs 26.80 lakhs for Q1 ended June 30, despite a 30.04% increase in revenue to Rs 2,101.45 lakhs. The loss was attributed to a 34.21% rise in expenses, mainly due to higher stock-in-trade purchases. The company announced plans for a new rights issue to raise up to Rs 38 crores, following the cancellation of a previous Rs 48.60 crore issue due to undersubscription.
02Aug 25
Annvrridhhi Ventures Reports Q1 Loss, Approves ₹38 Crore Rights Issue
Annvrridhhi Ventures Limited reported a net loss of ₹26.80 lakhs for Q1 FY24, despite revenue increasing to ₹2,101.45 lakhs. The board approved a rights issue of up to ₹38 crores and appointed M/s. Kirti Sharma & Associates as the new Secretarial Auditor for a five-year term. The company's previous rights issue in April was undersubscribed and refunded.
29Jul 25
Annvrridhhi Ventures to Hold Board Meeting on August 2: Quarterly Results, Rights Issue, and More on Agenda
Annvrridhhi Ventures Limited has scheduled a Board of Directors meeting for August 2, 2025. The agenda includes reviewing Q2 financial results, considering a rights issue of equity shares, appointing a Secretarial Auditor for five years, and addressing the trading window closure from July 1 to August 4, 2025. The company, formerly known as J. Taparia Projects Limited, may see significant changes in its financial structure pending the meeting's outcomes.