Quarterly Updates5 Mar 2026, 05:00 pm
Uday Jewellery Industries Allots 97,81,025 Equity Shares Post Scheme of Arrangement
AI Summary
Uday Jewellery Industries Ltd. has allotted 97,81,025 fully-paid up equity shares of INR 10/- each to the eligible shareholders of the Transferor Company as on the Record Date, i.e., February 27, 2026. This allotment also includes 3,418 equity shares arising out of the fractional share entitlements to Mr. Siddharth Goel, the Independent Director. The company will apply for the listing of the allotted equity shares and they will remain frozen till the listing/trading permission is granted by the Stock Exchange.
Key Highlights
- Uday Jewellery Industries allots 97,81,025 equity shares to eligible shareholders of the Transferor Company.
- Allotted shares include 3,418 equity shares arising out of fractional share entitlements to Mr. Siddharth Goel.
- The company will apply for the listing of the allotted equity shares.
- Allotted shares will remain frozen till the listing/trading permission is granted by the Stock Exchange.
- The allotment is in accordance with the Scheme of Arrangement and SEBI Master Circular.