Umiya Tubes Ltd — Important, 20-07-2026: Company Update
20-07-2026 | 11:17 am
20-07-2026 | 11:17 am
Umiya Tubes Limited clarified points raised in a newspaper article, stating its factory premises were sold in June 2024 following member approval, making claims of an inoperative factory irrelevant. The company's registered office shifted from Gandhinagar to Ahmedabad in October 2025, also after member approval. Promoter shareholding changes resulted from a preferential issue and dilution over a decade, not a recent major stake sale. Umiya Tubes stated share price movements are purely market-driven, emphasizing the article's allegations are misleading to stakeholders.
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