UVS Hospitality and Services Ltd

UVS Hospitality and Services Limited, formerly Thirdwave Financial Intermediaries Ltd., announced the appointment of Ms. Rupal Pandey and Mr. Siddharth Salunke as Additional Non-Executive Independent Directors for a five-year term, effective October 9, 2026, subject to member approval. The company also announced the resignation of Mr. Deepak Kumbhar as Chief Financial Officer and Key Managerial Personnel, effective October 9, 2026, and the appointment of Mr. David Machado as the new Chief Financial Officer, also designated as a Key Managerial Personnel, effective the same date.

UVS Hospitality and Services Limited, formerly known as Thirdwave Financial Intermediaries Ltd, submitted a certificate to the BSE Limited on October 9, 2026, confirming compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations 2018 for the quarter ended September 30, 2026, as received from Registrar and Share Transfer Agent, Niche Technologies Private Limited.

UVS Hospitality and Services Limited, formerly known as Thirdwave Financial Intermediaries Ltd, will close its trading window for insiders, designated persons, and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026.

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.

UVS Hospitality & Services Ltd share price inched up 1.20% to Rs 95.55 after the company's net profit jumped 236.60% to Rs 7.91 crore, while revenue from operations gained significantly 20.91% to Rs 45.04 crore in Q2FY26 over Q1FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 17.08 lakh crore, easing 6.18%. It has softened by 1.18% over last one week and jumped by 15.28% in last one month while the market capitalization of UVS Hospitality & Services Ltd has improved by 4.78% and 17.90% in the same period respectively. Profit before tax (PBT) of UVS Hospitality & Services Ltd stood at Rs 7.91 crore in Q2 FY26, rallying 576.07% year-on-year, and jumping 261.19% quarter-on-quarter. EBITDA came in at Rs 9 crore, expanding by 262.55% YoY and surging by 77.39% sequentially. Total expenses grew marginally by 7.72% to Rs 37.13 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 18.96 crore, witnessing a sharp rise of 34.37% YoY, while employee benefits expense was at Rs 6.84 crore, dipping slightly 2.98% YoY. For the TTM ended FY26, revenue from operations jumped by 8141.46% to Rs 101.37 crore, while net profit soared by 39875% to Rs 15.99 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 350% to Rs 21.27 crore, and PBT soared 39525% to Rs 15.85 crore compared to previous TTM. UVS Hospitality & Services Ltd crashed 29.79% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.63% during the same period.

UVS Hospitality and Services Limited, formerly known as Thirdwave Financial Intermediaries Ltd, disclosed to the BSE Limited on August 10, 2026, that there was no deviation or variation in the utilization of funds raised through a preferential issue of equity shares, warrants, and allotment of shares by way of swap, totaling Rs 14.63 crore, Rs 3.94 crore, and Rs 42.50 crore respectively, which occurred on May 15, 2024.

UVS Hospitality and Services Limited, formerly known as Thirdwave Financial Intermediaries Ltd, announced that its board meeting, previously scheduled for Thursday, August 13, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, has been preponed to Monday, August 10, 2026. The trading window for the company's equity shares, which was closed from July 1, 2026, will remain closed and will reopen 48 hours after the financial results are publicly announced.

UVS Hospitality and Services Limited, formerly known as Thirdwave Financial Intermediaries Ltd, will convene a board meeting on Thursday, August 13, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in compliance with SEBI’s Listing Obligations and Disclosure Requirements. The trading window for the company's equity shares, which closed on July 1, 2026, will remain closed until 48 hours after the financial results are publicly announced.