U. H. Zaveri Ltd — Important, 18-10-2025: Company Update
18-10-2025 | 01:43 pm
18-10-2025 | 01:43 pm
U. H. Zaveri Limited has announced a Rights Issue to raise up to ₹20.39 Cr by offering 2.03 Cr equity shares at ₹10 each. Eligible shareholders will receive two new shares for every one held, with the Record Date set for October 03, 2025. The funds are earmarked primarily for working capital (₹19.89 Cr) and general corporate purposes (₹0.25 Cr). This decision follows a board meeting on September 22, 2025. The company’s financial results for the quarter and nine months ended December 31, 2024, showed a profit of ₹0.20 Cr. Allotted shares will carry equal rights. The Letter of Offer has been updated with minor Registrar contact details.
No comments yet. Be the first to comment!
