UVS Hospitality and Services Ltd announces strategic fundraise and acquisition of Calcio Restaurants in major Expansion Move

UVS Hospitality and Services Limited (BSE: 531652), formerly known as Thirdwave Financial Intermediaries Ltd, today announced a pivotal board meeting scheduled for Saturday, February 14, 2026. In a significant move to accelerate its footprint in the premium dining sector, the Board of Directors will consider a comprehensive capital raising plan and the strategic acquisition of Calcio Restaurants Private Limited.

Strategic Acquisition of Calcio Restaurants.

Following the execution of a term sheet in late 2025, the Board will now formally deliberate on the acquisition of Calcio Restaurants Private Limited. The transaction is proposed via a Share Swap arrangement, where equity shares of UVS Hospitality will be issued to Calcio’s shareholders.

This acquisition will bring a prestigious portfolio of premium hospitality brands under the UVS umbrella, including:

- Dragonfly
- Lord of Drinks
- Shiloh
- Not Just Tamasha
- The Flying Saucer (to be rebranded as Aomi)

The Board will determine the final Share Swap Ratio and assess the transaction’s compliance with regulatory standards, including related party transaction provisions.

Aggressive Capital Infusion Plans

To support its growth trajectory and the integration of its new hospitality assets, the Company is exploring several fundraising avenues. The Board will consider raising funds in one or more tranches through:

Equity Issuances: Public issues, Rights issues, or Preferential allotments.

Institutional Capital: Qualified Institutions Placements (QIP).

International Instruments: American Depository Receipts (ADR), Global Depository Receipts (GDR), and Foreign Currency Convertible Bonds (FCCB).

Quarterly Financial Results

In addition to these strategic items, the Board will review and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Shares of UVS Hospitality and Services Limited was last trading in BSE at Rs. 109.70 as compared to the previous close of Rs. 109.70. The total number of shares traded during the day was 944 in over 9 trades.

The stock hit an intraday high of Rs. 109.70 and intraday low of 109.50. The net turnover during the day was Rs. 103513.00.

Source : Equity Bulls

Keywords

UVSHospitalityandServices INE528C01018 FinancialResults FundRaising Acquisition CalcioRestaurants