Universal Autofoundry Ltd — Updates, 15-05-2025: Company Update
Universal Autofoundry has announced a board meeting on 15th May 2025 where it approved the audited financial results for the year ended March 31, 2025, with an unmodified auditor’s opinion. The company reported a profit after tax of ₹24.1 lakh compared to a loss in the previous year. The board noted the lapse of 12.2 lakh fully convertible warrants due to non-exercise, leading to forfeiture of ₹6.17 crore upfront payments. The Company Secretary and Compliance Officer resigned effective 2nd June 2025 for personal reasons. New appointments include Arms & Associates as Secretarial Auditors for five years, Shah Patni & Co. as Internal Auditors, and Girdhar Chaudhary & Co. as Cost Auditors for one year. The trading window will open from 18th May 2025.
