Uday Jewellery Industries Ltd — Others, 16-07-2025: AGM/EGM

Uday Jewellery Industries has announced an equity shareholder meeting to approve its amalgamation with Narbada Gems and Jewellery. This strategic merger aims to significantly boost operational efficiency, unlock synergies, and combine resources for enhanced growth and market competitiveness in the jewellery sector. Under the proposed arrangement, Narbada shareholders will receive 4,623 new equity shares of Uday Jewellery for every 10,000 shares held. Both companies affirm this move is designed to benefit all stakeholders and will not negatively impact existing shareholders or creditors.