Quarterly Updates15 May 2026, 07:41 pm
Annvrridhhi Ventures: Monitoring Report for Quarter Ended March 2026
AI Summary
Annvrridhhi Ventures Ltd's monitoring agency report for the quarter ended March 31, 2026, indicates no deviations in the utilization of funds from its Rights Issue. Acuité Ratings and Research Limited, the monitoring agency, confirms that the funds were used as disclosed in the offer document. The company collected ₹7.40 Crores, representing 25% of the initial partly paid-up equity call, with 2.96 Crore shares allotted out of 3.78 Crore approved shares.
Key Highlights
- Monitoring agency confirms no deviation in fund utilization for the quarter ended March 2026.
- Annvrridhhi Ventures collected ₹7.40 Crores, 25% of the initial equity call.
- 2.96 Crore shares were allotted out of the approved 3.78 Crore shares.
- Utilizations are as per disclosures in the offer document, noted by the Audit Committee.
- Acuite Ratings declares no conflict of interest in monitoring the issue proceeds.
Price Impact
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