Uday Jewellery Industries Ltd — Updates, 01-05-2025: Company Update

Uday Jewellery Industries Limited has announced a board meeting on the proposed Scheme of Amalgamation with Narbada Gems & Jewellery Limited. The company has filed the First Motion Application with the National Company Law Tribunal (NCLT), Hyderabad Bench, progressing the merger process. This step follows board approval and receipt of observations from BSE, indicating advancement toward operational consolidation, which could enhance business scale and shareholder value.