BSEU. H. Zaveri LtdHighNeutral
Announced Wed, 12 Nov · 20:02 IST

The Board of Directors of the Company today i.e., on November 12, 2025 has considered and approved the allotment of 2,03,88,000 fully paid-up Equity Shares at an issue price of ?10 per ....

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Awaiting price reaction for this filing.

AI summary

The Board of U. H. Zaveri Ltd approved the allotment of 2,03,88,000 fully paid-up equity shares at ₹10 per share (face value) under its Rights Issue on November 12, 2025. The shares were allotted to eligible shareholders and renouncees. As a result, the paid-up equity share capital of the company has increased from ₹10.19 crore to ₹30.58 crore, tripling the capital base.

Likely market impact

Existing shareholders who participated in the Rights Issue will see their shareholding diluted-adjusted by the new shares; the share capital has expanded by 2x. The issue price being at par (₹10) means no premium was charged, which is favorable for subscribing shareholders.