Universal Autofoundry Ltd — Updates, 16-05-2025: Company Update

Universal Autofoundry has announced a board meeting on May 15, 2025, which approved the audited financial results for the year ended March 31, 2025, with an unmodified auditor’s opinion. The company reported a net profit of ₹24.11 lakh for the quarter and ₹2.35 Cr for the full year. It also took note of the lapse of 12.2 lakh fully convertible warrants due to non-exercise, resulting in forfeiture of ₹6.17 Cr upfront payments. The Company Secretary and Compliance Officer resigned effective June 2, 2025, and new appointments were approved for secretarial auditor (Arms & Associates for 5 years), internal auditor (Shah Patni & Co. for 1 year), and cost auditor (Girdhar Chaudhary & Co. for 1 year).