EGM approves preferential warrant issue to promoters and investors
UNIVASTU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Univastu India Limited held an Extraordinary General Meeting on July 18, 2026 via video conferencing. Shareholders unanimously approved a special resolution to issue warrants on a preferential basis to the promoter group and non-promoter (investor) category. Out of 3.59 crore total shares, 1,05,709 votes were polled (0.29% turnout), with 100% in favour and zero against. The resolution is part of an Investor Preferential Issue aimed at raising funds from identified investors.
Preferential warrant issue may lead to equity dilution on conversion. Promoter participation signals confidence, though voting turnout was very low at 0.29%.