Postal ballot on 1:1 bonus issue and higher authorised capital
UTSSAV · price
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Utssav CZ Gold Jewels is seeking shareholder approval to raise its maximum permitted share capital from Rs 24.998 crore to Rs 60 crore and issue one fully paid Rs 10 bonus share for each existing share. It may use up to Rs 24.998 crore of reserves. Remote voting runs from October 27 to November 25, 2026; results are due by November 27.
If approved, the 1:1 bonus doubles share count and may lower each share's price. It allows future fundraising and may reduce existing stakes.