Umiya Tubes Clarifies Misleading News on Office, Factory, and Stake

Umiya Tubes Ltd has issued a clarification addressing a misleading news article published by Divya Bhaskar on July 13, 2026. The article falsely claimed the company's registered office was not in Gandhinagar, its factory was inoperative, promoters sold major stakes, and noted a price increase. Umiya Tubes clarified that its registered office was shifted to Ahmedabad on October 1, 2025, and the factory premises in Sabarkantha were sold on June 18, 2024. The company also stated that promoter shareholding changes are due to preferential issues and dilution over a decade, not a major stake sale. Price movements are attributed to market participants.