Please find attached the intimation with regards to proposed preferential issue of shares of the Company.
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Awaiting price reaction for this filing.
UVS Hospitality's board met on 14 Feb 2026 and approved Q3 and 9M FY26 (ended Dec 2025) financial results along with three fundraising moves. First, up to 43,62,855 equity shares at Rs. 100 each will be issued via share swap to acquire 51% of Calcio Restaurants Pvt Ltd (a Mumbai-based hotels & restaurants business with FY25 turnover of ~Rs. 52 crore), making it a subsidiary. Second, up to 15,83,000 equity shares will be issued on a cash preferential basis to non-promoters, raising up to Rs. 15.83 crore. Third, up to 31,65,000 convertible warrants at Rs. 100 each (Rs. 31.65 crore) will be issued to non-promoters, convertible within 18 months. All allottees are non-promoter individuals, HUFs and LLPs. Paid-up equity capital will rise from Rs. 38.13 crore to Rs. 44.08 crore (or Rs. 47.24 crore if warrants are fully exercised).
Shareholders should expect dilution of around 16% from the cash preferential and another ~32% potential dilution from the warrants (on a fully converted basis), in addition to ~11% dilution from the share-swap acquisition. The Calcio Restaurants acquisition brings a growing restaurant business into the company, but the multiple preferential allotments to non-promoters signal significant equity expansion that existing investors should factor into their valuation.