Sheetal Universal Limited Discloses Ultimate Beneficial Owners of Proposed Allottee
Sheetal Universal Limited disclosed that Mr. Amul Mahendra Shah and Ms. Bharti Amul Shah have been identified as the Ultimate Beneficial Owners (UBO) of M/s. Abundantia Capital VCC - Abundantia Capital III. This information relates to the proposed issuance of securities on a preferential basis to the entity, which was the subject of an Extra-Ordinary General Meeting (EGM) held on February 9, 2026.The disclosure followed a query raised by the National Stock Exchange of India Limited (NSE) regarding the Ultimate Beneficial Owners of the proposed allottee. The UBOs are identified as the persons holding the position of senior managing officials as per applicable guidelines.
The details regarding the parties involved are as follows:
- Proposed Allottee: M/s. Abundantia Capital VCC - Abundantia Capital III
- Ultimate Beneficial Owners (UBOs): Mr. Amul Mahendra Shah and Ms. Bharti Amul Shah
Sheetal Universal Limited issued this statement on April 9, 2026, with the disclosure being made by Hiren Vallabhbhai Patel, Managing Director.
SHEETAL Stock Price Movement
Sheetal Universal Limited stock gained 1.24% today, closing out the session at ₹250. The shares saw a total traded volume of 8000 during the market day.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.