Urban Company Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the status of its step-down subsidiary, Urban Company Arabia for Information Technologies, Kingdom of Saudi Arabia (UC KSA).
The disclosure serves as an update to previous communications dated November 01, 2025 and May 08, 2026 regarding the voluntary dissolution/winding up process of UC KSA.
Key developments:
- The Company received intimation on June 01, 2026 from the Ministry of Commerce, Kingdom of Saudi Arabia
- The commercial registration of UC KSA has been officially cancelled
- The cancellation is effective from May 24, 2026
- Procedural steps related to the voluntary dissolution/winding up process will continue and be completed in due course
- As a result of this cancellation, UC KSA ceases to be a step-down subsidiary of Urban Company Limited
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information will also be hosted on the Company's investor relations website at https://investorrelations.urbancompany.com/.
The communication was signed by Sonali Singh, Company Secretary and Compliance Officer (Membership No.: A26585) on June 01, 2026 at 20:59:57 IST.