Announced Mon, 28 Sept, 2026 · 15:46 IST
Uday Jewellery 27th AGM passes dividend, raises borrowing cap to Rs 250 cr
UDAYJEW · price
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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹162.01
prior close
₹162.01
base price
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AI summary
27th AGM held Sep 28, 2026 via video conference with 103 members. Resolutions: FY25-26 financials adopted, Rs 0.50 dividend per share, Venugopal and Chenoy as statutory auditors for 5 years, Mr. Sanjay Kumar Sanghi reappointed. Special resolutions raised borrowing and investment limits to Rs 250 crores. Related party deals with Sanghi Jewelers Pvt Ltd approved. Mr. Tejas and Mrs. Sakshi Sanghi appointed to office of profit. Voting results due Sep 30.
Likely market impact
Approval of higher borrowing and investment limits gives management flexibility for growth, including post-merger integration with Narbada Gems.