Acquisitions9 May 2025, 12:06 pm
Uday Jewellery Industries Ltd to Consider Acquisition of Studded Jewellery Manufacturing Business
AI Summary
Uday Jewellery Industries Ltd has announced that its Board of Directors will meet on 14th May, 2025, to consider the proposal for purchasing/acquiring the Studded Jewellery Manufacturing Business segment of Sanghi Jewellers Private Limited. The meeting will also discuss the ratification of a Circular Resolution passed on 26.04.2025 and other matters as required under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Uday Jewellery Industries Ltd to consider acquiring Studded Jewellery Manufacturing Business of Sanghi Jewellers Private Limited
- Board of Directors meeting scheduled on 14th May, 2025
- Meeting to discuss ratification of Circular Resolution passed on 26.04.2025
- Other matters as required under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be discussed