StockWatch
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Trading & Distributors
Board Meeting20 Aug 2026, 07:21 pm

Uma Exports Ltd Approves Warrant Issue Worth ₹54.36 Cr

AI Summary

Uma Exports Ltd's Board of Directors approved the issuance of 2,25,00,000 warrants on a preferential basis to the promoter group and public category. Each warrant carries the right to subscribe to one equity share at an exercise price of Rs 24.16, aggregating to Rs 54.36 crore. The company also approved an increase in its authorized share capital from Rs 40 crore to Rs 57 crore. The 38th Annual General Meeting is scheduled for September 18, 2026, with book closure from September 12 to September 18, 2026.

Key Highlights

  • Board approved preferential issue of 2.25 crore warrants.
  • Warrants exercise price set at Rs 24.16 per share.
  • Total funds to be raised via warrants: ₹54.36 crore.
  • Authorized share capital increased to ₹57 crore.
  • AGM scheduled for September 18, 2026.