Universal Starch Chem Allied Ltd: Board Approves Reclassification Request of Promoter Jayendrasih Desai to Public Category

The Board of Directors of Universal Starch Chem Allied Limited approved the reclassification request of Mr. Jayendrasih Desai from the 'Promoter / Promoter Group' category to the 'Public' category. The decision was made based on the request letter and declaration submitted by Mr. Desai, who satisfied all the conditions specified under Regulation 31A(3)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will submit the application to BSE Limited for approval within the prescribed timeline.