U. H. Zaveri Ltd — Important, 23-09-2025: Company Update
23-09-2025 | 02:50 pm
23-09-2025 | 02:50 pm
U. H. Zaveri Limited has announced an upcoming Rights Issue of up to 2.0388 crore fully paid-up equity shares at ₹10 each, aiming to raise up to ₹20.39 crore. Eligible shareholders will receive two new shares for every one they currently hold. These funds are intended to primarily meet the company's working capital requirements and for general corporate purposes, which will support business growth. The promoters have committed to fully subscribing to their entitlements and may apply for additional shares, ensuring compliance with public shareholding norms. The newly issued shares will carry the same rights as existing equity shares.
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