Please find attached the intimation with regards to issue of equity shares (including equity shares via share swap) and convertible warrants on preferential basis.
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UVS Hospitality's board, at its February 21, 2026 meeting, approved three preferential allotments. First, up to 35,02,671 equity shares at Rs. 100 each (about Rs. 35.03 crore) will be issued via share swap to acquire 51% of Calcio Restaurants Pvt Ltd, making it a subsidiary. Second, up to 15,83,000 equity shares at Rs. 100 each (Rs. 15.83 crore) will be issued to non-promoters in cash. Third, up to 31,65,000 convertible warrants at Rs. 100 each (Rs. 31.65 crore) will be issued to non-promoters, exercisable within 18 months. Calcio Restaurants, a Mumbai-based hotels and restaurants business, posted Rs. 52.03 crore turnover in FY25, up sharply from Rs. 10.26 crore in FY23. All issues carry a Rs. 90 premium over the Rs. 10 face value.
Existing shareholders face potential dilution as paid-up capital could rise from Rs. 38.13 crore to Rs. 42.11 crore upon full warrant conversion (~10% dilution). The acquisition adds a fast-growing restaurant business, while the total cash raise of about Rs. 47.48 crore strengthens the balance sheet for growth.