UCAL Share Price Today

Ucal Ltd holds 40th AGM, adopts FY26 financials and director reappointment

Ucal Limited held its 40th AGM on September 29, 2026, via video conferencing. Shareholders adopted audited financial statements for the year ended March 31, 2026. Mr. Abhaya Shankar was reappointed as a director retiring by rotation. Special resolution approved remuneration for Mr. Abhaya Shankar for FY27-28.

Ucal Ltd receives GST show cause notice for FY23 demanding ₹87.62 lakh

Ucal Limited received a GST show cause notice from Maharashtra authorities on September 25, 2026. The notice pertains to discrepancies in Input Tax Credit claims for FY23. A penalty of ₹87.62 lakh, including interest, has been demanded by the tax department. The company states there is no immediate financial impact and plans to contest the notice.

Ucal holds 40th AGM on Sep 29; urges KYC updates for shareholders

Ucal Limited holds its 40th AGM on September 29, 2026, via video conferencing. E-voting runs from September 25 to September 28, 2026, with a record date of September 22. Shareholders urged to update KYC details and dematerialize physical shares per SEBI circulars. Abhaya Shankar seeks reappointment as director with ₹24 lakh annual remuneration for FY28.

Ucal Q1 net profit up 1,702% to ₹5.87 crore; appoints new CEO

Ucal Limited posted a strong Q1FY26 performance with standalone net profit jumping 1,702% to ₹5.87 crore and consolidated revenue rising 4.4% to ₹203.15 crore. The company reversed a prior-year consolidated loss to post a net profit of ₹5.84 crore. In corporate governance news, Adithya Srivatsa Jayakar was appointed as CEO effective August 13, 2026, continuing his role as Deputy Managing Director.

UCAL confirms postal ballot dispatch for director re-appointments

UCAL Limited has dispatched the postal ballot notice electronically to members as of July 3, 2026, seeking approval for the re-appointment of Mr. Jayakar Krishnamurthy as Chairman and Managing Director and other directors. The resolutions include remuneration revisions and tenure extensions, with voting conducted exclusively via remote e-voting from July 15, 2026, to August 13, 2026.

Ucal Ltd accepts resignation of T. Jaisankar as CEO

Ucal Ltd accepted the resignation of T. Jaisankar as CEO and Key Managerial Personnel effective June 30, 2026, citing health reasons. Jaisankar will continue his employment with the company in a capacity to be decided by the Board. The disclosure was made in compliance with SEBI regulations.