Acquisitions9 Mar 2026, 05:02 pm
Uday Jewellery Industries Ltd Acquires 73,34,305 Shares of Narbada Gems and Jewellery Ltd in Amalgamation Scheme
AI Summary
Uday Jewellery Industries Ltd has acquired 73,34,305 shares of Narbada Gems and Jewellery Ltd. This acquisition is part of a scheme of arrangement for Amalgamation of Narbada Gems and Jewellery Limited with Uday Jewellery Industries Limited. The acquisition was made by Sarala Sanghi & Others. The total equity share capital of Uday Jewellery Industries Ltd after the acquisition is INR 34,05,29,250 representing 3,40,52,925 Equity Shares of INR 10/- each.
Key Highlights
- Uday Jewellery Industries Ltd acquires 73,34,305 shares of Narbada Gems and Jewellery Ltd
- Acquisition is part of a scheme of arrangement for Amalgamation of Narbada Gems and Jewellery Limited with Uday Jewellery Industries Limited
- Acquirers are Sarala Sanghi & Others
- Total equity share capital of Uday Jewellery Industries Ltd after the acquisition is INR 34,05,29,250 representing 3,40,52,925 Equity Shares of INR 10/- each