Uday jewellery industries Limited has completed a significant equity allotment through warrant conversion, strengthening its capital base and expanding its investor network. The Board of Directors approved the allotment of 4,50,000 equity shares in their meeting held on May 01, 2026, marking a key milestone in the company's capital raising initiative.

Warrant Conversion Details

The allotment involves the conversion of warrants originally issued under a preferential issue on November 02, 2024, with BSE in-principle approval dated October 18, 2024. The conversion was executed in accordance with regulatory requirements and previous board approvals.

Allotment Distribution

The share allotment was distributed between promoter group and non-promoter categories, ensuring compliance with preferential issue regulations. The company allotted 1,50,000 equity shares to promoter group persons and 3,00,000 equity shares to non-promoter investors.

Promoter Group Allotment

The Board approved allotment of 1,50,000 equity shares to promoter group persons:

Non-Promoter Allotment

The company allotted 3,00,000 equity shares to non-promoter investors:

Impact on Share Capital

Following the warrant conversion, the company's capital structure has been significantly enhanced. The paid-up equity share capital now stands at Rs. 34,05,29,250, consisting of 3,40,52,925 equity shares of Rs. 10.00 each. This represents a substantial increase from the previous capital base, providing the company with additional financial resources for its operations and growth initiatives.

Warrant Structure and Timeline

The convertible warrants carry an 18-month tenure from the original allotment date, with each warrant providing the right to subscribe to one equity share. The warrant holders initially paid 25% of the warrant issue price at subscription, with the remaining 75% paid upon conversion. Any unexercised warrants beyond the 18-month period will lapse, and the amounts paid will be forfeited by the company.

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new equity shares allotted rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.

Uday Jewellery Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter and year ended March 31, 2026, marking the completion of Q4FY26 compliance obligations.

Regulatory Compliance Certificate Details

The compliance certificate was issued under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Riya Jindal digitally signed and submitted the certificate to BSE Limited on April 9, 2026.

Share Transfer Agent Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent (RTA), issued the compliance certificate on April 4, 2026. The RTA confirmed that no dematerialization requests for equity shares of the company were received during the specified quarter.

The certificate references multiple regulatory circulars:

• NSDL/CIR/II/5/2019 dated January 25, 2019
• CDSL/OPS/RTA/POLICY/2019/14 dated January 25, 2019
• SEBI letter ref no. MRD/DOP2/DSA2/OW/2019/2498/1 dated January 24, 2019

Corporate Compliance Framework

The submission demonstrates Uday Jewellery Industries' adherence to SEBI's regulatory framework for depositories and participants. The quarterly certification process ensures transparency in share dematerialization activities and maintains investor confidence through proper record-keeping and reporting mechanisms.

The company's compliance with Regulation 74(5) reflects its commitment to maintaining regulatory standards and providing accurate information to stock exchanges and regulatory authorities. This systematic approach to compliance reporting supports the company's standing in the capital markets.