Arthneeti
Fundraise / allotmentMajor development· Adverse for the businessFiled on BSE ·

United Van Der Horst approves Q2 results and proposes ₹20 crore preferential issue

United Van Der Horst · Electrical Equipment

Arthneeti Research DeskPublished 1 min read
₹20 CrFundraise / allotment

Key highlights

  • Approved unaudited standalone and consolidated results for quarter and half year ended 30 Sep 2026; standalone profit before tax ₹156.53 lakh for the quarter and ₹309.32 lakh for the half year.
  • Proposed preferential issue of up to 62,50,000 equity shares at Rs. 32 per share, aggregating Rs. 20,00,00,000, subject to shareholder and statutory approvals.
  • Post-issue, promoter Jagmeet Singh Sabharwal would hold 4,88,33,350 shares (64.94%); proposed allottee Jaidev Rajnikant Shroff would receive 37,50,000 shares (4.99%).

Why it's rated major development: the year-on-year change is 37% (20% or more for adverse news)

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E, November 06, 2026

Read the filing on BSE (PDF) →

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.