Uni Abex Alloy Products Ltd — Others, 28-05-2025: Corp Action

UniAbex Alloy Products Limited has announced a board meeting on which approved the financial results for the quarter and half-year, recommending a final dividend of Rs. 35 per equity share (350% of face value), subject to shareholder approval. The Board also approved the appointment of M/s. Dhananjay V Joshi & Associates as Cost Auditors and M/s. Naithani and Shetty Associates as Secretarial Auditors for upcoming years. The capacity expansion plan for the Dharwad plant has been revised with an increased investment of Rs. 85 Cr, half funded through internal accruals, aiming to enhance production and automation, expected to complete by H2 FY2026-27. The statutory auditor Walker Chandiok & Co LLP provided an unmodified opinion on the audited results.