UH Zaveri Limited has unveiled the terms of its upcoming rights issue, aiming to raise up to ₹20.39 crore through the offering of new equity shares. The company's board of directors approved the issuance details in a meeting held on September 22, 2025, following the in-principle approval received from BSE Limited on July 31, 2025.

Rights Issue Details

The rights issue offers existing shareholders the opportunity to purchase additional shares in the company at a predetermined price. Key details of the issue include:

• Issue Size: Up to 2,03,88,000 fully paid-up equity shares
• Issue Price: ₹10 per share
• Rights Entitlement Ratio: 2:1 (Two new shares for every one share held)
• Record Date: October 3, 2025
• Issue Opening Date: October 30, 2025
• Issue Closing Date: November 10, 2025

Financial Impact

The rights issue is set to have a significant impact on UH Zaveri's share structure:

*Assuming full subscription

Issue Schedule and Process

The company has outlined the following schedule for the rights issue:

• Last Date for Credit of Rights Entitlements: October 27, 2025
• Last Date for On-Market Renunciation: November 4, 2025

Shareholders will be able to trade their rights entitlements on the stock exchange during this period. The International Securities Identification Number (ISIN) for the dematerialized Rights Entitlement is INE556Z20010.

Management Statement

Hitesh Mahendrakumar Shah, Managing Director of UH Zaveri Limited, signed off on the official communication to the BSE, detailing the outcome of the board meeting and the terms of the rights issue.

Investor Considerations

This rights issue presents an opportunity for existing shareholders to increase their stake in the company at a predetermined price. However, investors should carefully review the Letter of Offer, which contains detailed terms and conditions of the issue, before making any investment decisions.

The success of this rights issue could significantly bolster UH Zaveri's financial position, potentially providing the company with additional capital for future growth initiatives or debt reduction, depending on the stated use of proceeds in the offer document.

As always, investors are advised to conduct their own research and consult with financial advisors before participating in any securities offering.

UH Zaveri , a prominent player in the jewelry industry, has announced several significant decisions following its Board of Directors meeting held on September 4, 2025. The company has set forth plans for its upcoming Annual General Meeting (AGM) and made key appointments, signaling important developments for shareholders and stakeholders alike.

Annual General Meeting

The Board has scheduled the 8th Annual General Meeting for September 27, 2025, at 11:00 AM IST. In light of ongoing health and safety considerations, the meeting will be conducted via video conferencing. Shareholders should note that the Register of Members and Share Transfer Books will remain closed from September 21, 2025, to September 27, 2025 (both days inclusive). The cut-off date for e-voting has been set for September 20, 2025, with the e-voting period running from September 24, 2025 (9:00 AM IST) to September 26, 2025 (5:00 PM IST).

Key Appointments

Several crucial appointments were approved during the board meeting, subject to shareholder approval at the upcoming AGM:

1. Secretarial Auditor: Neelam Rathi, a Practicing Company Secretary, has been appointed as the Scrutinizer and Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.

2. Statutory Auditors: M/s. Shah Karia & Associates (ICAI Firm Registration No. 131546W), Chartered Accountants, have been appointed as the Statutory Auditors for the same five-year period.

3. Managing Director: Mr. Hitesh Mahendrakumar Shah (DIN: 07907609) has been re-appointed as Managing Director for an additional five-year term, effective December 28, 2025.

Increase in Authorised Share Capital

The Board has approved a significant increase in the company's Authorised Share Capital, subject to shareholder approval. The capital will be raised from Rs. 10.25 crore to Rs. 30.75 crore by creating an additional 2.05 crore equity shares of Rs. 10 each. The proposed structure will be:

This substantial increase in authorised capital could potentially provide UH Zaveri with greater flexibility for future fundraising or corporate actions.

Implications and Outlook

These decisions by UH Zaveri's Board of Directors reflect a forward-looking approach, with the reappointment of key personnel ensuring continuity in leadership and governance. The significant increase in authorised share capital, in particular, may indicate the company's preparedness for potential expansion or strategic moves in the coming years.

Shareholders and investors will be keenly watching the upcoming AGM, where these important resolutions will be put to vote. The outcomes of these decisions could have a substantial impact on UH Zaveri's future trajectory in the competitive jewelry market.

As the company moves forward with these plans, stakeholders will be eager to see how these changes translate into business growth and value creation in the long term.