Universal Autofoundry Ltd — Important, 22-01-2026: Company Update

Universal Autofoundry announced that the NCLT Jaipur Bench dismissed an insolvency petition filed by M/s Precision Autocastings Pvt. Ltd. The petitioner had sought insolvency proceedings, alleging unpaid operational dues of ₹2.01 crore from C.I. castings supply. The company successfully argued a pre-existing dispute regarding commercial issues. This favorable outcome removes a legal challenge and has no material adverse impact on the company's financials or operations, assuring stakeholders.