Utssav CZ Gold Jewels Limited — Board Meeting, 26-06-2025: Outcome of Board Meeting

Utssav CZ Gold Jewels has announced a board meeting outcome approving preferential allotment of 11.8 lakh convertible warrants at Rs. 222 each, fully subscribed by two investors including promoter Pankajkumar Hastimal Jagawat. Each warrant is convertible into one equity share within 18 months. The company has received 25% of the issue price upfront. This move strengthens promoter holding and raises substantial funds, potentially supporting expansion or debt reduction plans.