UH Zaveri Limited has announced the appointment of Mr. Ritesh Soni as Company Secretary and Compliance Officer, effective December 31, 2025. The appointment was approved by the Board of Directors during their meeting held on December 31, 2025, following recommendations from the Nomination and Remuneration Committee.

Board Meeting and Regulatory Communication

The Board of Directors meeting was conducted on December 31, 2025, at the company's registered office to address the appointment of a new Company Secretary and Compliance Officer. The company formally communicated this decision to BSE Limited through an official letter signed by Managing Director Mr. Hitesh Mahendrakumar Shah (DIN: 07907609). The communication was addressed to the General Manager of the Listing Corporate Relations Department at BSE Limited's Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Appointee Profile and Qualifications

CS Ritesh Soni is an Associate Member of the Institute of Company Secretaries of India with extensive experience in handling matters related to the Companies Act, Listing Regulations, and allied laws. The company confirmed that none of the Key Managerial Personnel (KMP), Senior Management, or directors are inter-se related to Mr. Soni, ensuring independence in the appointment.

Regulatory Compliance Framework

UH Zaveri Limited has informed BSE Limited about this key managerial appointment in strict compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also adhered to SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, by providing comprehensive disclosure details through Annexure-A as part of Schedule III requirements.

This appointment ensures continuity in the company's compliance functions and strengthens the corporate governance framework. The formal communication to BSE was digitally signed and submitted on the same day as the board meeting, demonstrating prompt regulatory compliance and transparency in corporate governance practices.

UH Zaveri has seen a significant change in its shareholding structure as Veeram Barter Private Limited acquired a substantial stake through a recent rights issue, as disclosed in a regulatory filing under SEBI regulations for substantial shareholding.

Key Details of the Acquisition

Impact on Shareholding Structure

The rights issue has led to a substantial change in U.H. Zaveri's equity structure:

• Pre-rights issue total equity shares: 10,02,56,400
• Post-rights issue total equity shares: 3,05,82,000

This represents a significant reduction in the total number of outstanding shares, which could have implications for the company's ownership structure and stock liquidity.

Regulatory Compliance

Veeram Barter Private Limited has complied with SEBI regulations by disclosing this substantial acquisition. The company confirmed that it does not belong to the promoter or promoter group of U.H. Zaveri Limited.

Market Implications

This substantial acquisition by Veeram Barter may influence U.H. Zaveri's stock performance and investor sentiment. Market participants might closely watch for any changes in the company's strategic direction or governance structure following this significant change in shareholding.

Investors and stakeholders of U.H. Zaveri Limited may monitor further developments and any potential impact on the company's operations and market position resulting from this change in ownership.