Uday Jewellery Industries Ltd

Uday Jewellery Industries Capital Structure Change

Uday Jewellery Industries Limited allotted 4,50,000 equity shares of Rs. 10 each at an issue price of Rs. 154 per share, aggregating to ₹6.93 Crore. The allotment follows the conversion of warrants by six investors, including promoters. Consequently, the company's paid-up equity share capital increased to Rs. 34,05,29,250.

Value

₹6.93 Cr

Uday Jewellery Industries Board Meeting Outcome

Uday Jewellery Industries Ltd approved the allotment of 4,50,000 equity shares worth ₹6.93 Crore upon conversion of warrants. The board also authorized Mr. Uday Sanghi to represent the company in a merger meeting involving Malabar Gold and Diamonds Limited and 51 transferor companies.

Value

₹6.93 Cr

Execution

18 months

Uday Jewellery Industries Board Meeting Date

Uday Jewellery Industries Ltd has scheduled a Board Meeting on May 1, 2026. The board will consider the allotment of 1,50,000 equity shares to the promoter group and 3,00,000 shares to non-promoters upon conversion of warrants issued in 2024.

Uday Jewellery Industries Management Change

Uday Jewellery Industries announced a leadership overhaul effective April 22, 2026. Mr. Sanjay Kumar Sanghi is appointed Chairman and MD, while Mr. Ritesh Kumar Sanghi shifts to Joint MD (Operations). Additionally, Mrs. Bhavna Sanghi and Ms. Donthineni Srilekha join the board as Additional Directors, strengthening corporate governance and strategic planning.

Execution

5 years

Uday Jewellery Industries Board Meeting Outcome

Uday Jewellery Industries Ltd held a board meeting on April 22, 2026. Key outcomes include appointing Mr. Sanjay Kumar Sanghi as Chairman and Managing Director, redesignating Mr. Ritesh Kumar Sanghi, and approving a new branch office in Chennai. The company also initiated a postal ballot process for shareholder approvals.

Uday Jewellery Industries Debt & Borrowing

Uday Jewellery Industries Ltd submitted its annual disclosure for the 2025-26 financial year regarding its Large Corporate status. The company confirmed nil incremental borrowings and stated it does not meet the Large Corporate applicability criteria under SEBI norms.

Execution

FY 2024-25 and 2025-26

Uday Jewellery Industries Board Meeting Outcome

Uday Jewellery Industries Ltd scheduled a board meeting for April 22, 2026, to approve the appointment of Sanjay Kumar Sanghi as Chairman & MD and Ritesh Kumar Sanghi as Joint MD. The board will also consider appointing Bhavna Sanghi and D. Srilekha as directors and opening a new branch office in Chennai.