A G Universal Limited
Incorporated in 2008, A G Universal Limited operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections.
What A files
- Others39
- Board Meeting6
- Important4
- Updates4
- Insider Trade2
- Results2
AG Universal's promoter, Amit Gupta, invested ₹6.182 Cr acquiring 1.1 million convertible warrants via preferential allotment. This increases his potential shareholding to 55%, signaling strong long-term commitment.
A G Universal's valuation report for convertible warrants was updated, clarifying the Profit Earning Capitalization Value (PECV) methodology used. The assessed floor price for the preferential issue of shares stands at INR 56.17 per equity share.
AG Universal corrected a typographical error in its preferential issue disclosure. The update clarifies that only Mr. Amit Gupta from the Promoter Group intends to subscribe to convertible warrants, while no other Promoters, Directors, KMP, or Senior Management will.
AG Universal's board approved a preferential issue of 20 lakh warrants at ₹56.20 each to promoters/non-promoters, raising ₹11.24 Cr. Warrants convert to equity, subject to shareholder approval. The board also approved annual reports and AGM details.