Univastu India Limited (UNIVASTU) — Announcement(2 announcements)

· NSE Neutral
1 Announcement Neutral 📄 PDF

No summary available

2 Announcement Neutral 📄 PDF
📢 Key Event
Univastu proposes preferential warrant issue to promoters and investors via EGM
🔄 What Changed
Proposed issuance of up to 1,839,339 warrants at INR 87 each
🔮 What's Next
Utilization of funds over 3-4 months post-receipt
💡 Investor Takeaway
This dilution may slightly reduce promoter control but increases public shareholding, potentially affecting future governance and stock liquidity.

Univastu India Limited announced an Extra Ordinary General Meeting on 18 July 2026 to seek shareholder approval for issuing up to 1,839,339 fully convertible warrants at INR 87 per warrant to promoters and select non-promoter investors. The proposal includes detailed payment terms, lock-in periods, and regulatory compliance under SEBI ICDR regulations. Shareholders will vote remotely via e-voting platforms between 15-17 July 2026, with participation requiring registration on i-Vote using demat account credentials. The issuance aims to raise INR 16 crore for working capital, with funds to be utilized over 3-4 months post-allotment. Post-issue shareholding will shift with promoter stake declining slightly while public holding increases marginally.

About Univastu India Limited (UNIVASTU)

Construction · Construction · Listed on NSE

Market Cap: ₹259.28 Cr P/E: 18.9

View full UNIVASTU stock details →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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