Chirayu Agrawal, promoter of Annvridhi Ventures Limited, significantly reduced his stake from 4.04% to 0.83% by disposing 14,69,109 equity shares through open market transaction on March 30, 2026. The disclosure under SEBI regulations was filed on April 2, 2026.

Annvridhi Ventures Promoter Chirayu Agrawal Reduces Stake to 0.83%

Chirayu Agrawal, a promoter of Annvridhi Ventures Limited (formerly known as J. Taparia Projects Limited), has significantly reduced his stake in the company through a substantial share disposal transaction. The disclosure was made under Regulation 29(2) of The SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Latest Transaction Details

Agrawal disposed of 14,69,109 equity shares of the company through an open market transaction on March 30, 2026. The formal disclosure was filed on April 2, 2026, by Company Secretary Sakina Lokhandwala.

Parameter: Details Transaction Date: March 30, 2026 Number of Shares Disposed: 14,69,109 Transaction Mode: Open Market Stock Exchange: BSE Limited Filing Date: April 2, 2026 Script Code: 538539

Updated Shareholding Pattern

The transaction resulted in a significant decrease in Agrawal's shareholding pattern in the company. His stake decreased by 3.21 percentage points following the share disposal.

Shareholding Details: Before Transaction After Transaction Change Number of Shares: 18,51,394 3,82,285 -14,69,109 Percentage Holding: 4.04% 0.83% -3.21% Voting Rights: 4.04% 0.83% -3.21%

Company Structure

Annvridhi Ventures Limited, formerly known as J. Taparia Projects Limited, maintains its registered office at Room No. 202, 41/A, Tara Chand Dutta Street, Kolkata – 700073, West Bengal. The company's corporate office is located at Office No. 306, 3rd Floor, Urban 2, Bhayli, Vadodara, Gujarat – 390007.

The company's equity structure comprises:

₹16,20,00,000 divided into 1,62,00,000 equity shares of ₹10 each

₹7,40,54,117.50 divided into 2,96,21,647 partly paid equity shares of ₹2.50 each (with an issue price of ₹10 each)

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisition and disposal of shares. Agrawal confirmed that he holds no encumbered shares, voting rights other than through equity shares, or convertible securities in the company. The transaction maintains transparency in shareholding changes for listed companies on Indian stock exchanges.

Annvridhi Ventures Limited has issued a formal response to BSE regarding queries about recent significant movements in its share price. The company, formerly known as J. Taparia Projects Limited, addressed the stock exchange's clarification request dated March 18, 2026.

Regulatory Compliance Confirmation

The company has clarified its adherence to disclosure requirements in its response to BSE. Key compliance details include:

Parameter: Details Reference Number: L/SURV/ONL/PV/SG/ 2025-2026 / 983 Response Date: March 18, 2026 Regulation: SEBI LODR Regulation 30 Script Code: 538539

Annvridhi Ventures emphasized that it has been regularly complying with obligations under Regulation 30 of The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it has made all necessary disclosures in a timely and transparent manner.

Management's Position on Price Movement

The company has categorically stated that no material information or events have been withheld that could influence price or volume behavior in its shares. Management clarified that the movement in share price is purely market-driven and remains beyond the company's or management's control.

Annvridhi Ventures reaffirmed its commitment to continue informing stock exchanges about any price-sensitive information as required under SEBI regulations. The company pledged to maintain transparency in its disclosure practices going forward.

Corporate Governance Details

The response was signed by Sakina Lokhandwala, Company Secretary and Compliance Officer, who holds ICSI Membership No. A60515. The communication was digitally signed on March 18, 2026, at 13:06:54 +05'30', demonstrating the company's adherence to digital compliance protocols.

This clarification follows BSE's standard surveillance procedure when securities experience significant price movements, ensuring market transparency and investor protection through proper disclosure mechanisms.

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