NewsCorporate ActionsUVS Hospitality Boosts Capital: 7.4 Lakh Equity Shares Allotted Through Warrant ConversionUVS Hospitality Boosts Capital: 7.4 Lakh Equity Shares Allotted Through Warrant Conversion
UVS Hospitality And Services, listed on BSE, has allotted 7,40,000 equity shares after converting warrants. The allotment, approved on November 10, 2025, was priced at Rs. 17 per share, raising Rs. 1.258 crore. The shares were allotted to Sanjana, Prathima, and Mallinath Madineni. This conversion increased the company's paid-up capital to Rs. 37.38 crore, with total equity shares now at 3,73,82,600. The allotment resulted from warrant holders paying the balance 75% of the issue price, totaling Rs. 94.35 lakh.
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UVS Hospitality And Services , a company listed on the Bombay Stock Exchange (BSE), has announced a significant development in its capital structure. The company has allotted 7,40,000 equity shares following the conversion of warrants, a move that strengthens its financial position.
Key Details of the Allotment
The Allotment Committee of the Board of Directors approved the issuance of new equity shares on November 10, 2025. Here are the crucial aspects of this corporate action:
| Particulars | Details |
|---|---|
| Number of Shares Allotted | 7,40,000 |
| Face Value per Share | 10.00 |
| Issue Price per Share | 17.00 (including a premium of 7.00) |
| Total Amount Raised | 1,25,80,000.00 |
| Allottees | Sanjana Madineni, Prathima Madineni, Mallinath Madineni |
Warrant Conversion Process
The allotment is the result of converting warrants that were previously issued on a preferential basis. The warrant holders exercised their right to convert these instruments into equity shares by paying the balance 75% of the issue price. The company received Rs. 94.35 lakh as the final payment for this conversion.
Impact on Company's Capital Structure
Following this allotment, UVS Hospitality's capital structure has undergone notable changes:
- The paid-up capital has increased to Rs. 37.38 crore
- The total number of equity shares now stands at 3,73,82,600
Allotment Details by Investor
| Allottee Name | Warrants Converted | Shares Allotted | Amount Paid (Rs.) |
|---|---|---|---|
| Sanjana Madineni | 2,00,000 | 2,00,000 | 25,50,000.00 |
| Prathima Madineni | 2,40,000 | 2,40,000 | 30,60,000.00 |
| Mallinath Madineni | 3,00,000 | 3,00,000 | 38,25,000.00 |
Implications
This warrant conversion and subsequent equity allotment injects fresh capital into the company. The newly allotted shares will rank pari-passu with the existing equity shares, ensuring equal rights for all shareholders.
As the hospitality sector continues to evolve, such capital infusions can provide companies like UVS Hospitality with financial flexibility. Investors and market watchers may keep a close eye on how UVS Hospitality utilizes this additional capital in the coming quarters.
Historical Stock Returns for UVS Hospitality And Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.12% | -3.89% | -12.32% | -4.72% | -17.97% | +350.65% |
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