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Universus Photo Imagings Ltd ( (IN:UNIVPHOTO) ) has issued an announcement.
Universus Photo Imagings Ltd announced that its associate company, JPF Netherlands B.V., has allotted nearly 4 million equity shares following the exercise of rights issue entitlement by Universus. Despite this allotment, the percentage holding of Universus in JPF Netherlands remains unchanged. This update signifies a strategic financial maneuver without altering the company’s stake in its associate, potentially impacting its financial positioning and stakeholder interests.
More about Universus Photo Imagings Ltd
Universus Photo Imagings Ltd, formerly known as Jindal Photo Imaging Limited, operates in the photo imaging industry. The company focuses on providing imaging solutions and services, with a market presence that includes both domestic and international segments.
Average Trading Volume: 1,163
Technical Sentiment Signal: Sell
Current Market Cap: 2.68B INR
For an in-depth examination of UNIVPHOTO stock, go to TipRanks’ Overview page.