Uday Jewellery Industries Ltd — Important, 05-09-2025: Company Update

Uday Jewellery Industries has filed a joint Second Motion Petition with the NCLT for the proposed amalgamation of Narbada Gems and Jewellery with Uday Jewellery. This is a key step in their corporate restructuring, aiming to combine strengths and create synergies. The company expects this will boost operational efficiencies, expand market reach, and generate long-term value for shareholders. Shareholders of both firms had already approved the scheme. The amalgamation will take effect once the NCLT approves this latest petition.