Umiya Tubes clarifies misleading Divya Bhaskar article

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Price reactionminutes from the announcement price · days from the prior close

+5.8%Reaction day

₹24.66

prior close

₹26.04

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+5.2% vs market

Iron & Steel Products peers, median of 101sector-0.2%+6.0% vs sector

On the reaction day the stock moved 5.2 pts more than Nifty Microcap 250 and 6.0 pts more 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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Reaction day

+5.8+0.6+5.2-0.2+6.0

Next day

+11.1+0.9+10.1-0.3+11.4

+16.6-0.2+16.8-0.8+17.4

+22.4-0.9+23.3-1.2+23.6

+15.8-0.5+16.3-1.6+17.4

+10.0+0.8+9.2-0.6+10.6

+3.0-0.0+3.0-1.2+4.2

15d

-4.7+3.9-8.6-0.2-4.5

-10.0+4.8-14.8-2.6-7.4

+3.4+5.1-1.7-0.4+3.8

-4.1-1.6-2.5-3.7-0.4

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 101Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Umiya Tubes responded to a Divya Bhaskar article dated July 13, 2026 with four clarifications. The Sabarkantha factory was already sold by Special Resolution passed Jan 23, 2024 and transferred on June 18, 2024 to Gaurisuta Agro Industries. The registered office moved from Gandhinagar to Ahmedabad effective Oct 1, 2025 per 12th AGM resolution. Promoter shareholding fell due to preferential issues and dilution, not stake sales. Share price moves with the market.

Likely market impact

Company denies all newspaper allegations. Watch for any SEBI or BSE follow-up queries on governance or disclosures.