ALPHA TRIBE

Universal Autofoundry LtdUpdates, 15-05-2025: Company Update

15-05-2025 | 06:13 pm

Universal Autofoundry has announced a board meeting to approve the financial results for the quarter and half-year. The company approved audited financial results for the year ended March 31, 2025, with an unmodified auditor's opinion. Warrants totaling 12,20,000 lapsed due to non-exercise, leading to forfeiture of Rs. 6.17 Cr upfront payments. The Company Secretary resigned effective June 2, 2025, and new appointments were made for secretarial auditor (Arms & Associates for five years), internal auditor (Shah Patni & Co. for one year), and cost auditor (Girdhar Chaudhary & Co. for one year). Trading window re-opened from May 18, 2025, for all insiders.

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