Anirit Ventures Rights Issue Details 2025

The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

• To acquire the shares of Anirit Agritech Private Limited (“AAPL”) from the selling shareholders of the Anirit Agritech Private Limited.
• Repayment of loan availed by the Company.
• To accelerate Anirit Agritech's growth trajectory, we propose injecting additional capital to invest in capital expenditures towards site expansion, augmenting operational capabilities, amplifying sales and marketing efforts through targeted promotions, advertising, and talent acquisition.
• Support the expansion of the Company’s business through acquisitions, including by way of Joint Ventures.
• Support the Company’s business in research and development in relation to (including and not limited to) compressed biogas, bio char, industrial decarbonization, heat reflective technologies.
• General Corporate Purpose; and
• To meet Issue Expenses.