Uday Jewellery Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/09/2025 ,inter alia, to consider and approve The allotment of ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Uday Jewellery Industries Ltd has informed BSE that its Board of Directors will meet on 25th September 2025 in Hyderabad. The key agenda is to consider and approve the allotment of 9,00,000 equity shares to the Promoter/Promoter Group. This allotment is being made upon the conversion of warrants that were originally issued under a Preferential Issue on 2nd November 2024. The company will also authorise Directors and KMPs to make the necessary regulatory filings. The trading window for designated and connected persons has been closed from 21st September 2025 until 48 hours after the board meeting outcome is declared.
The conversion increases the promoter's equity stake in the company by 9 lakh shares, potentially strengthening promoter control. This is a pre-decided event from a previous preferential issue and is not new capital infusion, so the impact on share price is likely to be minimal beyond a possible minor dilution effect for existing public shareholders.