Submission of Letter of Offer for upcoming Right Issue of the Company
Price
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U. H. Zaveri Limited has resubmitted the Letter of Offer for its rights issue, with only a minor update to the Registrar's (KFin Technologies) contact details. The company is offering up to 2,03,88,000 fully paid-up equity shares at ₹10 per share (at par value, face value ₹10) on a 2:1 ratio, meaning 2 rights shares for every 1 share held. The total issue size is up to ₹2,038.80 lakhs (about ₹20.39 crore), assuming full subscription. The record date was October 3, 2025; the issue opens on October 30, 2025 and closes on November 10, 2025. KFin Technologies is the Registrar and Axis Bank is the Banker to the Issue.
Eligible shareholders as on the record date can subscribe to the rights shares at par value, effectively tripling the share count if fully subscribed. The capital raise will dilute existing holdings by roughly 200% on a fully subscribed basis but brings fresh equity of up to ₹20.39 crore into the company.