Usha Martin Limited — Others, 12-05-2025: Change in Auditors

Usha Martin Limited has announced a board meeting to approve the financial results for the quarter and half-year, reporting standalone and consolidated results audited without qualifications. A dividend of Rs. 3 per equity share (300%) has been proposed, pending shareholder approval. Leadership changes include the appointment of Mr. Chirantan Chatterjee as Whole-Time Director for five years, along with new Secretarial, Cost, and Internal Auditors for FY 2025-26. The Board updated its fair disclosure policies. Legal issues concerning land attachment and investigations continue, with management optimistic about the resolution.