Meeting Details

  • Date: Friday, 7th August, 2026
  • Time: 10:30 a.m. IST
  • Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
  • Type: Annual General Meeting
  • Cut-off Date for Voting Eligibility: Friday, 31st July, 2026

Proposed Resolutions and Implications

Ordinary Business:

1. Adoption of Financial Statements: To receive, consider, and adopt the audited financial statements for FY 2025-26, including the Balance Sheet as of 31st March 2026, Statement of Profit and Loss, Cash Flow Statement, and reports of Directors and Auditors.

2. Declaration of Dividend: To declare a dividend of ₹3.50 per equity share (face value ₹2 each) for FY 2025-26, as recommended by the Board of Directors.

3. Reappointment of Director: Special resolution to reappoint Mr. Arun Chandrasen Ashar (DIN: 00192088) as Chairman and Non-Executive Director. He retires by rotation and has attained the age of 75 years, requiring shareholder approval under Regulation 17(1A) of SEBI LODR.

Voting Process and Methods

  • Remote E-voting: Available through NSDL from Tuesday, 4th August 2026 (9:00 a.m. IST) to Thursday, 6th August 2026 (5:00 p.m. IST)
  • E-voting during AGM: Available for shareholders who have not voted remotely and are present through VC/OAVM
  • Voting Rights: Proportional to paid-up equity share capital as of the cut-off date (31st July 2026)
  • Scrutinizer: Mr. Bhaskar Upadhyay, Practicing Company Secretary (FCS 8663/CP No. 9625), appointed to scrutinize the voting process

Key Voting Outcomes

  • The scrutinizer will submit a consolidated report to the Chairman after the meeting
  • Results will be declared within two working days of the AGM conclusion
  • Results will be displayed on the company's website (www.uelonline.com), NSDL website (https://www.evoting.nsdl.com), and notified to BSE and NSE

Shareholder Participation Breakdown

  • The document does not provide specific voting participation breakdown by shareholder category (Promoters, Public, Institutions) as voting has not yet occurred

Compliance with Laws and Regulations

The AGM is conducted in compliance with:

  • Companies Act, 2013
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular Nos. 20/2020, 02/2022, and 03/2025
  • SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Additional Financial Information

  • Record Date for Dividend: Friday, 17th July, 2026
  • Dividend Payment: To be made within 30 days of AGM approval through electronic mode
  • Financial Performance: FY 2025-26 profit after tax of ₹2,071.09 lakhs (compared to ₹27.83 lakhs in previous year)
  • Dividend Impact: Gross cash outflow of ₹2,434.10 lakhs if approved

Shareholder Services and Information

  • RTA: MUFG Intime India Pvt. Ltd.
  • Dematerialization: 99.51% of shares are dematerialized as of 31st March 2026
  • Green Initiative: Documents primarily distributed electronically
  • Unclaimed Dividends: Details provided for dividends from 2020-21 to 2024-25 with due dates for transfer to IEPF

Corporate Governance

  • The company has complied with corporate governance requirements as per SEBI LODR
  • Details of board composition, committees, and director profiles are provided in the annual report
  • Certificate of compliance with corporate governance requirements issued by N. L. Bhatia & Associates

Important Dates and Deadlines

  • Remote E-voting Period: 4th August 2026 (9:00 a.m.) to 6th August 2026 (5:00 p.m.)
  • AGM Date: 7th August 2026 (10:30 a.m.)
  • Record Date for Dividend: 17th July 2026
  • TDS Declaration Deadline: 16th July 2026