ALPHA TRIBE

U. H. Zaveri LtdImportant, 23-09-2025: Company Update

23-09-2025 | 12:41 pm

U. H. Zaveri Limited's board has approved the Letter of Offer for its Rights Issue. The company will offer up to 2.04 Crore fully paid-up equity shares at ₹10 each, targeting to raise ₹20.39 Crore. Shareholders can subscribe to 2 new shares for every 1 share held on the October 3, 2025, record date. The capital is primarily intended for working capital (₹19.89 Crore) and general corporate purposes (₹0.25 Crore). The issue opens October 30, 2025, and closes November 10, 2025. The new shares will carry the same rights as existing shares. The company recently reported a net profit of ₹0.20 Crore on ₹27.74 Crore total income for the nine months ended December 31, 2024. #RightsIssue #CapitalRaise

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