U. H. Zaveri Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/04/2025 ,inter alia, to consider and approve 1. Review and approval of the ....
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U. H. Zaveri Ltd has informed BSE that its Board of Directors will meet on April 5, 2025, at the registered office in Ahmedabad. The main agenda is to review and approve the Draft Letter of Offer and related documentation for the proposed rights issue of fully paid-up equity shares. This is a follow-up to the Board's earlier decision on March 19, 2025, where it approved raising funds through a rights issue. The trading window for insiders remains closed pending the declaration of audited Q4 and FY25 results, which will be considered in a separate board meeting to be announced later.
This is a procedural step in an already-approved rights issue — the price, ratio, and record date details are likely to emerge from the Draft Letter of Offer. Shareholders should watch for the rights issue terms post the April 5 meeting, as it will dilute existing holdings and require capital commitment if they wish to participate.