Postal ballot for name change to Umiya Special Metal and capital hike
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 1.6 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Umiya Tubes has sent a postal ballot notice to shareholders for approval on two items: 1) changing the company name to Umiya Special Metal Limited, and 2) raising authorised share capital from Rs 8 crore to Rs 80 crore. Notice was dispatched electronically on October 8, 2026, with newspaper ads in Financial Express English and Gujarati editions. Eligible shareholders can vote through electronic means.
Name change signals business repositioning; 10x authorised capital hike gives fundraising headroom but no new shares are issued now.