Umiya Tubes Ltd — Important, 24-12-2025: Company Update

Umiya Tubes Limited's Board approved the allotment of 29.50 lakh equity shares at Rs. 23 each, raising Rs. 6.785 crore. Additionally, the company allotted 55.00 lakh convertible warrants and another 75.12 lakh convertible warrants, both priced at Rs. 23 per warrant. For these warrants, 25% of the issue price was received as application money. This action increases the company's capital base immediately with fresh equity, while the warrants provide a significant future capital infusion opportunity as they are converted, impacting its financial structure.