Universal Autofoundry Ltd — Updates, 15-05-2025: Company Update

Universal Autofoundry Limited has announced a board meeting on which approved the audited financial results for the financial year ended March 31, 2025, with an unmodified auditor’s opinion. The company noted the lapse of 12.2 lakh fully convertible warrants due to non-exercise, resulting in forfeiture of upfront payments totaling Rs. 6.17 crore. The Company Secretary and Compliance Officer resigned due to personal reasons, effective June 2, 2025. New appointments include Arms & Associates as Secretarial Auditor for five years, Shah Patni & Co. as Internal Auditor for one year, and Girdhar Chaudhary & Co. as Cost Auditor for one year, all subject to necessary approvals. The trading window will reopen starting May 18, 2025.