BSEU. H. Zaveri LtdHighNeutral
Announced Tue, 23 Sept · 14:50 IST

We hereby submit the Letter of Offer of the company for the Rights Issue of Equity Shares

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

U. H. Zaveri Limited has submitted the Letter of Offer for a rights issue of up to 2,03,88,000 fully paid-up equity shares of face value ₹10 each. The issue price is ₹10 per share (at par, no premium), for an aggregate amount of up to ₹2038.80 lakhs (~₹20.39 crore), assuming full subscription. Eligible shareholders can subscribe in the ratio of 2 rights equity shares for every 1 fully paid-up equity share held on the record date of October 3, 2025. The issue opens on October 30, 2025 and closes on November 10, 2025, with on-market renunciation allowed until November 4, 2025. The company is listed on BSE and KFin Technologies is the registrar to the issue.

Likely market impact

Existing shareholders must decide whether to subscribe, renounce, or let their rights lapse before the issue closes on November 10, 2025. Since the issue is priced at par (₹10) with no discount, there is no immediate price arbitrage. If shareholders do not subscribe or renounce, their effective stake will be diluted by roughly two-thirds on a non-participation basis.