Umiya Tubes
33.44
+0.65(+1.98%)
Market Cap₹42.50 Cr
PE Ratio-
Company Performance:
1D+1.98%
1M+57.00%
6M+7.42%
1Y+380.46%
5Y+318.00%
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Latest news about Umiya Tubes
Umiya Tubes Plans Major Expansion with Rs. 43.70 Crore Fundraise and New Business Line 2 days ago
Umiya Tubes Limited plans to raise Rs. 43.70 crore through preferential issue of equity shares and convertible warrants to fund entry into tungsten-based products business. The company will issue 29,50,000 equity shares and 1,60,50,000 convertible warrants at Rs. 23.00 each. Authorized share capital to increase from Rs. 20.00 crore to Rs. 30.00 crore. Post-issue, promoter shareholding expected to decrease from 28.63% to 9.88%. These changes will be voted on at an EGM scheduled for August 8, 2025.