UCAL LIMITED — Others, 19-12-2024: Shareholders meeting

UCAL LIMITED held an Extraordinary General Meeting via video conference. Key decisions included the regularization and appointment of Mr. Adithya Srivatsa Jayakar as Deputy Managing Director and other key roles within the company. Remuneration details for Mr. Abhaya Shankar as a Non-Executive Director were also approved, alongside the appointment of Mr. R. Sundar as an Independent Director. The meeting solicited shareholder views, and voting results will be announced shortly.

This development may enhance governance and operational effectiveness, presenting a positive outlook for investor sentiment as the company strengthens its management structure.