Umiya Tubes Limited has announced a significant change in its corporate leadership. The company's Board of Directors has appointed Ms. Shubhangi Chourasia as the new Company Secretary and Compliance Officer, effective August 8, 2025.

Board Meeting Details

The appointment was confirmed during a board meeting held on August 8, 2025. The meeting commenced at 10:00 AM and concluded at 10:20 AM on the same day. This swift decision-making process demonstrates the company's efficiency in corporate governance matters.

About Ms. Shubhangi Chourasia

Ms. Chourasia brings a wealth of experience and qualifications to her new role at Umiya Tubes Limited:

• Qualified Company Secretary
• Law graduate
• Experienced in both listed and unlisted companies
• Expertise in corporate compliance, including:
  • Companies Act 2013
  • SEBI (LODR) Regulations 2015
  • SEBI (ICDR) Regulations 2018
  • SEBI (PIT) Regulations 2015

Her strong communication and multitasking skills are expected to be valuable assets in managing statutory obligations and regulatory liaisons for the company.

Independence and Compliance

It's worth noting that Ms. Chourasia is not related to any of the Directors or Promoters of Umiya Tubes Limited. This independence aligns with good corporate governance practices and ensures objectivity in her role as Company Secretary and Compliance Officer.

Regulatory Disclosure

The appointment has been disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015. Umiya Tubes Limited has also provided the relevant disclosure as per SEBI Circular no. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023.

This appointment marks a significant step for Umiya Tubes Limited in strengthening its corporate governance structure. Ms. Chourasia's extensive experience and expertise in corporate compliance are likely to contribute positively to the company's regulatory adherence and stakeholder communications.

Umiya Tubes Limited has successfully completed its planned securities allotment worth Rs. 43.70 crore, following receipt of in-principle approval from BSE Limited. The company's Board of Directors approved and executed the allotment of equity shares and convertible warrants as outlined in their earlier fundraising proposal.

Securities Allotment Details

The Board of Directors, in their meeting held on December 24, 2025, approved the allotment of securities as per the revised structure:

Regulatory Compliance and Approval

The allotment was executed following the receipt of in-principle approval from BSE Limited on December 10, 2025. The company has fulfilled all regulatory requirements under Regulation 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015. All allottees are non-promoters, and the convertible warrants were issued against receipt of 25% warrant application money as per the original proposal.

Strategic Business Expansion

The fundraising initiative supports Umiya Tubes' strategic diversification into tungsten-based products business. This new business line will cater to multiple high-tech sectors including automotive, industrial, aerospace, defense, oil & gas, outer-space, nuclear, medical, and railways applications.

Capital Structure Enhancement

The securities allotment represents a significant milestone in the company's capital structure enhancement program. The funds raised will primarily support the establishment and development of the new tungsten-based products manufacturing capabilities, positioning the company for growth in specialized industrial applications.

Market Impact

With the successful completion of this securities allotment, Umiya Tubes has strengthened its financial position to execute its expansion plans. The company's entry into tungsten-based products manufacturing represents a strategic move toward higher-value industrial applications and diversified revenue streams.