Board Meeting20 Aug 2026, 07:20 pm
Uma Exports Ltd Approves Preferential Issue of Warrants Worth ₹543.6 Cr
AI Summary
Uma Exports Ltd announced a preferential issue of 2,25,00,000 warrants, each convertible into one equity share at Rs 24.16, aggregating to ₹54,36,00,000. This issuance is subject to shareholder approval and aims to raise capital from promoter group and public categories. The company also plans to increase its authorized share capital from ₹40 Cr to ₹57 Cr. The 38th Annual General Meeting is scheduled for September 18, 2026, with book closure from September 12 to September 18, 2026.
Key Highlights
- Company to issue 2.25 Cr warrants via preferential allotment.
- Total funds to be raised amount to ₹543.6 crore.
- Authorized share capital to increase from ₹40 Cr to ₹57 Cr.
- AGM scheduled for September 18, 2026; book closure from Sep 12-18.
- Warrants issued to promoter group and public categories.
Price Impact
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