Umiya Tubes witnessed a significant change in its shareholding pattern as promoter Bharatkumar P Patel completely divested his stake in the company. According to a regulatory filing, Patel sold his entire holding of 452,543 shares, representing 4.52% of the company's total voting rights, through open market transactions on September 4, 2025.

Stake Sale Details

The sale, executed on the Bombay Stock Exchange (BSE), marks Patel's complete exit from the company's promoter group. Following the transaction, his shareholding in Umiya Tubes has reduced to zero.

Company's Capital Structure

Despite this significant promoter stake sale, Umiya Tubes' total equity share capital remains unchanged at 10,006,667 shares with a face value of Rs. 10.00 each. This indicates that the sale has not affected the company's overall capital structure.

Regulatory Compliance

The transaction was reported in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, made on the same day as the transaction, ensures transparency in the company's ownership changes.

Impact on Shareholding Pattern

The stake sale is likely to result in a reshuffle of the company's shareholding pattern. While the promoter holding has decreased, it may lead to an increase in public shareholding or potentially allow entry for new investors.

Umiya Tubes, listed on the BSE, will likely see increased scrutiny from investors and market analysts following this significant change in its promoter holding. The company's future performance and any potential changes in management strategy will be areas of interest for stakeholders in the coming months.

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.