Please find attached disclosure with respect to conversion of warrants into equity shares.
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Awaiting price reaction for this filing.
UVS Hospitality has allotted 2,60,000 equity shares to Babulal Agarwal upon conversion of an equal number of warrants issued on a preferential basis. The shares carry a face value of Rs. 10 each and were issued at Rs. 17 per share (including a Rs. 7 premium). The allottee paid the balance 75% amount of Rs. 33.15 lakh to exercise the conversion. Post-allotment, the company's paid-up equity capital has increased to Rs. 35.81 crore, comprising 3,60,72,600 equity shares of Rs. 10 each. The new shares will rank pari-passu with existing equity shares. The Allotment Committee approved this on 9th October 2025.
This is a minor dilution event for existing shareholders as the share count rises by about 0.07% (2.6 lakh new shares out of ~3.6 crore total). The conversion price of Rs. 17 is well below current market levels, which could create mild near-term supply pressure. The capital infusion is small and unlikely to materially impact the stock price.