Ucal News

Ucal Limited Stake in US Subsidiary Drops to 10%

Ucal Limited's shareholding in subsidiary Ucal Holdings Inc. diluted from 100% to 10% following fresh equity issuance to AscentX Inc., resulting in loss of subsidiary status.

UCAL Limited Shareholders Approve Key Resolutions

UCAL Limited shareholders passed two special resolutions via postal ballot on February 13, 2026, approving stake dilution in US subsidiary and property transfer by material subsidiary.

UCAL Limited Reports Q3 FY26 Financial Results

UCAL Limited announced Q3 FY26 results with standalone revenue of ₹16,080.89 lakhs and consolidated revenue of ₹19,852.23 lakhs for the quarter ended December 31, 2025.

Ucal Limited Board Approves Major Restructuring Moves

Ucal Limited's board approved dilution of up to 90% shareholding in US subsidiary Ucal Holdings Inc and sale of 6.97-acre residential plot by subsidiary UPIL for ₹45 crores to promoter group company.

Ucal Limited Completes Filing of Compounding Applications with RBI for Rs. 15,191.85 Lakhs Write-offs

Ucal Limited has completed filing compounding applications with the Reserve Bank of India regarding write-offs of loans and advances worth Rs. 12,337.79 lakhs and receivables of Rs. 2,854.06 lakhs from its wholly owned subsidiary Ucal Holdings Inc., USA. The write-offs were made during the year ending March 31, 2018, and the company will update stock exchanges on the progress of these applications.