Uravi Defence and Technology Limited
Incorporated in 2004, Uravi T & Wedge Lamps Ltd manufactures and supplies automotive component
What Uravi files
- Others46
- Board Meeting8
- Important8
- Updates7
- Results5
- Insider Trade4
Uravi Defence's Q1 results show revenue of ₹10.33 Cr and consolidated net profit of ₹0.70 Cr, though auditors gave a qualified opinion due to unaudited associate financials (₹0.85 Cr profit impact). The company incurred a ₹1.06 Lakh fine for compliance lapses. Notably, discontinued operations generated no revenue this quarter.
Uravi Defence has divested its entire 50.01% stake in SKL India to Mr. Krishna Kumar Bhatia and Mrs. Bhavna Bhatia. Consequently, SKL India is no longer a subsidiary of the company.
Uravi Defence's wholly-owned subsidiary, Bharat Technology, acquired a 10% stake in Spafax International Holdings for 3,40,000 GBP. This strategic acquisition expands the company's portfolio.
Uravi Defence & Technology is unable to prepare consolidated financial results. Its subsidiary, SKL India Private Limited, has not provided essential financial data despite repeated follow-ups, hindering the company's reporting process.
Uravi Defence's Board approved divesting its 50.01% stake in SKL India. The transaction, requiring shareholder approval, is valued at a minimum of 11.25 Cr. SKL contributed 2.29 Cr to turnover and 0.07 Cr to net worth in FY25.