Umiya Tubes Ltd — Results, 07-07-2025: Result
Umiya Tubes Limited has announced a board meeting on which it approved the financial results for the quarter and half-year, reporting a loss of Rs. 19.03 lakh for the quarter with comprehensive income improving to Rs. 80.54 lakh. The board approved changes to the main object clause to include manufacturing and trading of tungsten-based products across multiple sectors, and expanded its business into transformers, machinery, and electrical equipment. The authorized share capital will increase to Rs. 30 Cr. The company confirmed a preferential issue of 29.5 lakh equity shares and 55 lakh convertible warrants, and approved a fresh preferential issue of 1.05 crore convertible warrants, aimed at raising capital for growth and operational expansion.
