U. H. Zaveri Ltd — Important, 22-09-2025: Company Update
22-09-2025 | 07:34 pm
22-09-2025 | 07:34 pm
U. H. Zaveri has announced a Rights Issue, offering up to 2.0388 crore fully paid-up equity shares at ₹10 each, totaling ₹20.388 crore. Eligible shareholders can subscribe to two new shares for every one they currently hold. The company plans to use the proceeds primarily for working capital and general corporate purposes. The issue is set to open on October 30 and close on November 10. Promoters have committed to subscribing fully to their entitlements. New shares issued will have equal standing with existing equity shares. Investors should note the company has not paid dividends recently.
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