Uma Exports approved a revised issue price of ₹24.16 per warrant for its preferential allotment of 2.25 crore warrants. The board also designated August 27, 2026 as the new relevant date for the transaction.

The decision follows a board meeting held on September 1, 2026, which updated the timeline based on a rescheduled Annual General Meeting (AGM) now set for September 26, 2026. The company had previously notified shareholders of an AGM date of August 25, 2026, in its August 20, 2026 filing.

Revised Valuation and Pricing

The board received a revised valuation report from a Registered Valuer to align with the new AGM schedule. The valuation report determined a price of ₹24.01 per warrant. However, the board approved a final issue price of ₹24.16 per warrant, adhering to the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Transaction Terms Remain Unchanged

Apart from the price revision, all other terms of the preferential issue remain unchanged. This includes the identity and category of proposed allottees, the tenure of the warrants, payment terms, and the entitlement to equity shares upon exercise. Each warrant carries the right to subscribe to one equity share of the company.

The issuance is subject to shareholder approval at the upcoming AGM. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Uma Exports Limited has postponed its 38th Annual General Meeting (AGM) to September 26, 2026, due to administrative reasons. The meeting was originally scheduled for September 18, 2026.

The Board of Directors had previously approved the preferential allotment of 2,25,00,000 warrants convertible into equity shares at an exercise price of ₹24.16 per share. This transaction aggregates to ₹54.36 crore and involves investors from both promoter and non-promoter categories. The resolutions require subsequent approval from shareholders at the rescheduled AGM.

Revised AGM Schedule

The 38th AGM will now be held on Saturday, September 26, 2026, at 11:30 am via Video Conference or Other Audio Visual Means (VC/OAVM).

The Register of Members and Share Transfer Books will remain closed from September 20, 2026, to September 26, 2026, for determining eligibility for the meeting. The cut-off date for e-voting has been moved to September 19, 2026.

Warrant Issue Details

The warrants carry a right to subscribe to one equity share per warrant. Investors may exercise this right in one or more tranches during a period commencing from the date of allotment until expiry of 18 months from that date. Payment terms stipulate that 25% of the warrant price is payable on or before allotment, with the balance 75% due upon exercise of the right to subscribe to equity shares.

The issue price of ₹24.16 was computed in accordance with Regulation 161(1) of the SEBI ICDR Regulations, based on a valuation report dated August 20, 2026, by Mr. Murl Chhandak, a Registered Valuer.

Investor Participation

The preferential allotment includes significant participation from the promoter group alongside several non-promoter investors. Sweta Khemka and Uma Agro Exports Private Limited, both categorized under the Promoter Group, have been allotted 25,00,000 warrants each.

Non-promoter investors include Jiya Ajaykumar Gupta and Nishtha Ajaykumar Gupta, who were allotted 14,00,000 warrants each. Other notable allottees include Swapnil Kashinath Kawli and Juhi Swapnil Kawli, receiving 9,00,000 warrants each.

Regulatory Compliance

The outcome was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for designated persons remains closed until 48 hours after the submission of the Board meeting outcome.