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Incorporated in 2009, Univastu India Ltd is in the construction business
Univastu India Limited has informed the Exchange about Book closure, cut off date and e-voting for the purpose of 17th AGM.
Univastu clarified details for its preferential warrant issue, earmarking approx. 16.00 Cr for working capital. Funds will be received over 18 months and utilized within one year. This update corrected the unit for the stated amount in previous disclosures.
Univastu revised its EOGM notice for a preferential issue. The company clarified the INR 87 per warrant price, based on a valuation report, following stock exchange feedback. This impacts future capital raise.
UNIVASTU INDIA LIMITED incorporated UV BHARAT PRIVATE LIMITED, an associate company in the construction and infrastructure industry. UNIVASTU holds a 49% equity stake, subscribed in cash. This strategic move aims to expand and strengthen existing operations.
UNIVASTU board approved continuing Director Dhananjay Barve (75+) as Independent Director until 2029, pending shareholder ballot. NSE fined the company 0.052 Cr (total 0.061 Cr including GST) for delayed compliance on this matter.