
Rights Issue14 Aug 2026, 09:30 pm
Annvrridhhi Ventures: No Deviation in Right Issue Fund Utilization
AI Summary
Annvrridhhi Ventures Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Acuite Ratings and Research Limited, confirms that there has been no variation or deviation in the utilization of funds raised through the company's Right Issue. The Audit Committee reviewed and considered this report on August 14, 2026. The company raised ₹29.62 Cr from its Right Issue, which was open from November 17, 2025, to December 16, 2025. The funds were intended for various objects as disclosed in the offer document, and the monitoring agency found the utilization to be in compliance.
Key Highlights
- No deviation reported in the utilization of Right Issue proceeds.
- Monitoring Agency: Acuite Ratings and Research Limited.
- Report covers the quarter ended June 30, 2026.
- Audit Committee reviewed and approved the report.
- Right Issue size was ₹29.62 Cr.
Price Impact
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