UCAL FUEL SYSTEMS LTD.

Ucal Limited has issued a letter to shareholders regarding the 40th Annual General Meeting (AGM) and the Annual Report for the Financial Year 2025-26. The AGM will be held on September 29, 2026, via Video Conferencing/Other Audio Visual Means. This communication is specifically for members whose email IDs are not registered, providing a web-link to access the Annual Report and AGM Notice. The company also reminds shareholders to update KYC details and dematerialize physical securities as per SEBI mandates, with specific cut-off dates for e-voting.

Ucal Ltd has submitted its Annual Report for the Financial Year 2025-26, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, themed 'Resilient Resurgent', highlights a year of navigating challenges and capitalizing on opportunities for capacity expansion, new product development, and global strategy amplification. The company, a leading manufacturer of Fuel Management Systems and automotive components for over four decades, serves over 45 global OEMs. The report details financial statements, statutory reports, corporate overview, and key strengths including multi-disciplinary capabilities and operational excellence. It is being disseminated electronically to members with registered email IDs and is also available on the company's website.

Ucal Ltd has announced its 40th Annual General Meeting (AGM) will be held on September 29, 2026, at 4:00 PM IST via Video Conferencing. The meeting will cover ordinary business, including the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Mr. Abhaya Shankar as a director. Special business includes approving remuneration for Mr. Shankar as a non-executive director for FY 2027-28. Shareholders can vote electronically from September 25 to September 28, 2026. The Annual Report and AGM notice have been dispatched to shareholders.

Ucal Ltd announced the appointment of Mr. Adithya Srivatsa Jayakar as the new Chief Executive Officer (CEO) effective August 13, 2026. Mr. Jayakar, who currently serves as the Deputy Managing Director (DMD), will continue in his existing role while also taking on the CEO responsibilities. This decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. The company cited the need for continuity in executive leadership and management as the reason for this appointment. Mr. Jayakar brings extensive experience in the automotive industry, general management, sales, marketing, operations, and supply chain management.

Ucal Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results were approved on both standalone and consolidated bases. The company also submitted the Limited Review Report from its statutory auditors, R. Subramanian and Company LLP, along with the financial results as per SEBI format. The board meeting commenced at 10:45 AM and concluded at 12:00 Noon.

Ucal Ltd has received a Show Cause Notice (SCN) from the State Tax Officer, Ambattur Assessment Circle - GST, alleging discrepancies during the GST Audit for FY 2022-23. The notice pertains to various issues including excess Input Tax Credit claims, credit/debit notes, non-GST supplies, and ITC reversals. The authorities have demanded a penalty of ₹6.48 Crores, including interest. Ucal Ltd believes the SCN has no merit and plans to file a detailed reply with supporting evidence within the prescribed timelines. The company stated there is no immediate impact on its financials, operations, or other aspects at this stage.

Ucal Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item for this meeting is to consider and approve the company's unaudited financial results for both standalone and consolidated operations for the quarter ended June 30, 2026. In line with SEBI regulations, the trading window for the company's securities will remain closed until 48 hours after the declaration of these financial results.

Ucal Ltd's Board of Directors, in a meeting held on July 8, 2026, approved the re-appointment of several key directors. Mr. Jayakar Krishnamurthy was re-appointed as Managing Director (Chairman and Managing Director) for five years from September 1, 2026. Mr. Ram Ramamurthy was re-appointed as Whole Time Director for two years from September 4, 2026. Mr. Ramachandran Sundar was re-appointed as Non-Executive Independent Director for five years from November 13, 2026. Mr. Abhaya Shankar was re-appointed as Non-Executive Non-Independent Director for two years from November 14, 2026. The board also approved an increase in managerial remuneration for Mr. Adithya Srivatsa Jayakar, Deputy Managing Director. Shareholder approval will be sought for these re-appointments via postal ballot.

Ucal Ltd's Board of Directors, in a meeting held on July 8, 2026, approved the re-appointment of several key directors. Mr. Jayakar Krishnamurthy was re-appointed as Managing Director (also designated Chairman and Managing Director) for a five-year term starting September 1, 2026. Mr. Ram Ramamurthy was re-appointed as Whole Time Director for two years from September 4, 2026. Additionally, Mr. Ramachandran Sundar was re-appointed as Non-Executive Independent Director for a second five-year term from November 13, 2026, and Mr. Abhaya Shankar as Non-Executive Non-Independent Director for two years from November 14, 2026. The board also approved an increase in managerial remuneration for Mr. Adithya Srivatsa Jayakar, Deputy Managing Director. Shareholder approval will be sought for these appointments.

Ucal Ltd announced that its Chief Executive Officer, Mr. T. Jaisankar, has resigned from his position effective June 30, 2026, citing health reasons. Despite stepping down as CEO, Mr. Jaisankar will continue his employment with the company in a role to be determined by the Nomination and Remuneration Committee and the Board of Directors, leveraging his extensive experience. This change is a resignation from the office of CEO and Key Managerial Personnel, not a cessation of employment.