U. H. Zaveri Limited has secured in-principle approval from BSE for its proposed Rights Issue of fully paid-up equity shares.

This key development allows the company to use BSE's name in its Letter of Offer, a necessary step for the upcoming capital raise.

This approval enables U. H. Zaveri to move forward with the Rights Issue, providing a pathway to raise funds from existing shareholders.

The capital generated could be strategically deployed to support future growth initiatives or enhance the company's financial stability, making this a significant update for shareholders.