Universal Autofoundry Ltd — Others, 26-08-2025: Others

Universal Autofoundry announced its 16th Annual General Meeting to approve annual financial results for FY2024-25. The company reported a total income of 193.89 Cr, down from 203.21 Cr, and Profit After Tax decreased to 2.35 Cr from 4.89 Cr. Shareholders will consider re-appointing Mr. Gajendra Kumar Tyagi as Whole-time Director and Mr. Vimal Chand Jain as Chairman & Managing Director. The company also seeks to revise the maximum managerial remuneration limit to 2.25 Cr annually. Operations were enhanced by commissioning a 3.60 MW Captive Solar Plant, supporting future growth alongside positive market projections for the iron casting industry.