ALPHA TRIBE

Uday Jewellery Industries LtdOthers, 21-08-2025: AGM/EGM

21-08-2025 | 08:32 pm

Uday Jewellery Industries Limited's equity shareholders have approved the Scheme of Arrangement for Amalgamation with Narbada Gems and Jewellery Limited. This NCLT-convened meeting, attended by 127 shareholders, successfully passed the resolution with the requisite majority. This shareholder approval is a crucial step forward for the company's proposed merger, aiming to consolidate business operations and unlock potential synergies. The positive vote moves the amalgamation process closer to completion, a key development for all stakeholders.

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