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Board Meeting Announcement for Uday Jewellery Industries Ltd - Nov 2, 2024
Board Meeting Announcement for Uday Jewellery Industries Ltd - Nov 2, 2024
Inter alia, to consider the Issue and allot upto 22,50,000 Warrants to the proposed allottees at a price of Rs. 154/- per warrant per warrant being warrants of Rs. 10/- together with a premium of Rs. 144/- per warrant be converted into Equity Shares on Preferential Basis to Promoters/Promoter Group and Non Promoter Individuals convertible into equal number of equity shares within a period of 18 months from the date of allotment of warrants pursuant to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Companies Act, 2013 and as approved by Shareholders in Extra Ordinary General Meeting held on 23.09.2024. Uday Jewellery Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2024 ,inter alia, to consider and approve Issue and allot upto 22,50,000 Warrants to the proposed allottees at a price of Rs. 154/- per warrant per warrant being warrants of Rs. 10/- together with a premium of Rs. 144/- per warrant be converted into Equity Shares on Preferential Basis to Promoters/Promoter Group and Non Promoter Individuals convertible into equal number of equity shares within a period of 18 months from the date of allotment of warrants pursuant to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Companies Act, 2013 and as approved by Shareholders in Extra Ordinary General Meeting held on 23.09.2024.
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