UFM Industries adopted its audited financial statements for FY26 during its 40th Annual General Meeting held on September 28, 2026. The company also approved key board changes, including the appointment of a new independent director.

The meeting, convened at the registered office in Silchar, Assam, saw 31 members participate in person or via proxy. Mr. Avishek Jain chaired the session after a quorum was established. The Notice convening the meeting and the Auditors' Report were taken as read with shareholder consent.

Key resolutions passed

Shareholders transacted both ordinary and special business items as outlined in the meeting notice:

• Adoption of Financials: Approval of the audited financial statements for the year ended March 31, 2026, along with the Board of Directors' and Auditors' reports.
• Director Re-appointment: Mrs. Tara Rani Jain (DIN: 00545789), who retired by rotation, was re-appointed to the board.
• New Appointment: Mr. Bibhash Dev (DIN: 011878808) was appointed as an Independent Director.

Voting and compliance details

In compliance with Section 108 of the Companies Act, 2013, and SEBI (LODR) Regulations, 2015, the company provided remote e-voting facilities. The voting window opened on September 25, 2026, at 9:00 am and closed on September 27, 2026, at 5:00 pm. Members attending the meeting who had not voted remotely were allowed to vote physically.

Mr. Shahnawaz, a Practicing Company Secretary, was appointed as the Scrutinizer to ensure a fair and transparent voting process. The final voting results are scheduled to be published on the company website and NSDL within 48 hours of the meeting's conclusion.

UFM Industries has appointed M/s MAS Services Limited as its new Registrar and Share Transfer Agent (RTA), replacing M/s Niche Technologies Private Limited. The Board of Directors approved the appointment on August 5, 2026, citing the need to streamline RTA-related processes and achieve operational efficiencies. The move is intended to leverage advanced technological infrastructure and digital solutions for a smoother investor interface.

The appointment takes effect from the date of the change in electronic connectivity with the National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Until this transition is complete and confirmations are received from both depositories, Niche Technologies Private Limited will continue to provide RTA services to the company and its shareholders. The exact effective date will be communicated to the stock exchanges in due course.

Transition Details

The company will enter into a requisite tripartite agreement with MAS Services Limited to facilitate a smooth handover. This regulatory filing complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Circular dated November 11, 2024.

What the Numbers Show

While this announcement does not disclose financial metrics, the shift in RTA providers signals a strategic focus on operational efficiency. By moving to a provider with advanced digital infrastructure, UFM Industries aims to reduce processing times for share transfers and improve data accuracy for shareholders. This type of administrative optimization often precedes broader corporate actions or capital raises where precise shareholder records are critical.

The company’s registered office remains at Meherpur, Silchar, Assam. Annu Jalan, Company Secretary, authorized the disclosure to BSE Limited and The Calcutta Stock Exchange Limited.