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Incorporated in 1985, Ucal Ltd provides fuel management systems for the automotivesector
Ucal Limited announced its 40th Annual General Meeting and the FY25-26 Annual Report release, accessible online. Shareholders are urged to update KYC details and dematerialize physical shares. Failure to update KYC will impact eligibility for future payments.
UCAL Limited's stake in Ucal Holdings Inc. (UHI) reduced from 100% to 10% as UHI issued new shares to AscentX Inc. UHI is now no longer a wholly-owned subsidiary, impacting two step-down subsidiaries.
UCAL Limited completed necessary actions regarding the write-off of Rs. 123.38 Cr in loans and Rs. 28.54 Cr in receivables from its US subsidiary. Further progress updates are expected.