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Univastu India Ltd. ( (IN:UNIVASTU) ) has issued an update.
Univastu India Ltd. has approved a preferential issue of up to 35 lakh fully convertible warrants at Rs 82 each, to be allotted to promoter group members Pradeep and Rajashri Khandagale, with the pricing aligned to SEBI’s ICDR regulations and subject to shareholder and regulatory approvals. The board has also set the relevant date for pricing, convened an extraordinary general meeting on 20 January 2026 via video conferencing with associated e-voting timelines, appointed a scrutinizer and an R&T agent for the voting process, and cleared an increase in the company’s borrowing limit from Rs 100 crore to Rs 300 crore, signalling a plan to strengthen its capital structure and expand financing capacity, pending shareholder approval.
More about Univastu India Ltd.
Average Trading Volume: 84,327
Technical Sentiment Signal: Sell
Current Market Cap: 2.44B INR
Learn more about UNIVASTU stock on TipRanks’ Stock Analysis page.