Stock Report

Uma Exports Limited to enter into JV partnership

Posted On : 2026-08-02 19:18:07( TIMEZONE : IST )

The Board of Directors of Uma Exports Limited, at its meeting held on August 01, 2026 has approved the proposal to enter into a Joint Venture Partnership Firm under the name "URJAHAAR FOODS" with M/s Kota Dall Mill a partnership firm.

The Company has entered into Joint Venture arrangement wherein it shall participate as the Second Partner with a 49% share in the profits and losses of the Joint Venture. M/s Kota Dall Mill shall act as the First / Managing Partner and shall hold remaining 51% share in the profits and losses of the Joint Venture. Accordingly, the Joint Venture shall be managed by M/s Kota Dall Mill in its capacity as the Managing Partner, in accordance with the terms and conditions of the Joint Venture Agreement.

The Company has approved a contribution of up to ₹49,00,000 (Rupees Forty-Nine Lakhs Only), in cash and/or in kind as the capital contribution in the said Joint Venture in accordance with the terms and conditions of the Joint Venture Partnership Deed.

The Joint Venture proposes to undertake the business of manufacturing and supplying recipe-based, supplementary nutrition, micro-nutrient fortified, energy-dense and extruded food products to institutional, Government, semi-Government, wholesale and retail buyers, including supplies to the Bihar State Milk Co-operative Federation Ltd. (COMFED/"SUDHA").

The Board has also authorised Mr. Manmohan Saraf (DIN: 07246524), Director of the Company, to execute the Joint Venture Partnership Deed and all ancillary documents and to complete all necessary statutory, regulatory and commercial formalities in connection therewith.

Shares of Uma Exports Limited was last trading in BSE at Rs. 20.25 as compared to the previous close of Rs. 20.15. The total number of shares traded during the day was 1718 in over 31 trades.

The stock hit an intraday high of Rs. 20.38 and intraday low of 19.75. The net turnover during the day was Rs. 34722.00.