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UVS HOSPITALITY AND SERVICES LIMITED, formerly known as Thirdwave Financial Intermediaries Ltd, clarified that Shaukat Sattar Hajiyani was allotted 20,000 equity shares on a preferential basis for cash, correcting a previous disclosure of 16,000 shares, resulting in a total of 2,20,000 equity shares being allotted instead of 2,16,000. The company also revised Annexure 2 and Annexure B to reflect the corrected number of shares, with the paid-up share capital increasing from Rs 40,51,98,570 to Rs 40,73,98,570.

UVS Hospitality and Services Limited, formerly Thirdwave Financial Intermediaries Ltd., announced the allotment of 23,87,257 equity shares on a preferential basis to shareholders of Calcio Restaurants Private Limited for consideration other than cash, completing the acquisition of a 34.76% stake in Calcio. The transaction, valued at Rs 23,87,25,700, was facilitated through a share swap and aims to consolidate operations, enhance strategic value, and create an integrated corporate structure for both companies. Calcio Restaurants Private Limited, incorporated in September 2020, operates hotels and restaurants and reported a turnover of INR 52,03,17,699 in fiscal year 2024-25, INR 27,84,43,004 in 23-24, and INR 10,26,39,041 in 22-23.

UVS Hospitality announced preferential allotments of 2,16,000 equity shares and 4,45,000 convertible warrants to non-promoter entities. The equity share allotment, totaling Rs 21.6 crore, increases the company’s paid-up capital from Rs 40,51,98,570 to Rs 40,73,58,570, with allottees including RANE Sulbha Kishore, JIGISHA Vaidh, and MURLIDHAR Mohanlal Lakhiani HUF. The warrant allotment, priced at Rs 44.5 crore, has the potential to further increase paid-up capital to Rs 41,18,08,570 upon full conversion within 18 months; allottees include MALLINATH Madineni HUF and BABULAL Agarwal HUF. Each warrant allows for the subscription of one equity share, and unexercised warrants will be forfeited after the 18-month tenure.

Net profit of UVS Hospitality & Services rose 576.07% to Rs 7.91 crore in the quarter ended June 2026 as against Rs 1.17 crore during the previous quarter ended June 2025. Sales rose 87.51% to Rs 45.04 crore in the quarter ended June 2026 as against Rs 24.02 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales45.0424.02 88 OPM %21.2710.95 - PBDT9.572.44 292 PBT7.911.17 576 NP7.911.17 576 Powered by Capital Market - Live News

UVS Hospitality & Services has revised the meeting of the Board of Directors which was scheduled to be held on 13 August 2026. The meeting will now be held on 10 August 2026.