United Leasing & Industries holds 42nd AGM, approves FY26 accounts

0 min read | Published on 30 Sept 2026, 07:47 PM |Updated on 30 Sept 2026, 07:47 PM

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Anirudha BScanX News Team

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Key Highlights

United Leasing & Industries Limited held its 42nd AGM on September 30, 2026
Financial statements for FY26 were placed before members for adoption
Karm Sawhney proposed for regularization as Non-Executive Independent Director
Approvals sought for related party transactions with SIPL Textile and RLF Limited

*this image is generated using AI for illustrative purposes only.

United Leasing & Industries Limited held its 42nd Annual General Meeting (AGM) on September 30, 2026, to approve financial statements for FY26 and address key governance matters. The meeting concluded at 11:30 am in Gurugram.

Governance and director appointments

The Board recommended the re-appointment of Aditya Khanna as a Director, who retired by rotation. Additionally, shareholders considered the regularization of Karm Sawhney as a Non-Executive Independent Director for a five-year term via a special resolution.

Related party transactions

The agenda included approvals for related party transactions scheduled for FY27 with two entities:

Entity	Resolution Type
SIPL Textile Private Limited	Ordinary Resolution
RLF Limited	Ordinary Resolution

Voting and procedural details

The meeting commenced after confirming the requisite quorum. Manav Kamra, Company Secretary, oversaw the proceedings. Remote e-voting was available from September 27 to September 29, 2026, complementing physical ballot voting during the AGM. Mayuri Sinha, Proprietor of Mayuri Sinha & Co., served as the Scrutinizer for the voting process.

Historical Stock Returns for United Leasing & Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	-26.14%	-1.81%	0.0%

How will the regularization of Karm Sawhney as a Non-Executive Independent Director influence United Leasing's corporate governance rating and investor confidence in the coming fiscal year?

What specific operational synergies or financial dependencies drive the continued related party transactions with SIPL Textile Private Limited and RLF Limited in FY27?

Will the re-appointment of Aditya Khanna signal any shifts in the company's strategic direction or capital allocation priorities for FY27?

United Leasing & Industries

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United Leasing sets Sept 30 date for 42nd AGM, appoints FY27 auditors

1 min read | Published on 02 Sept 2026, 06:20 PM |Updated on 07 Sept 2026, 03:35 PM

Reviewed by

Suketu GScanX News Team

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Key Highlights

United Leasing & Industries schedules its 42nd AGM for September 30, 2026
Record date for voting eligibility is set at September 23, 2026
Board appoints Mayuri Sinha & Co. as secretarial auditor for FY27
Internal auditor Raj Anirudh & Associates appointed for FY27
Directors recommend changing Karm Sawhney's role to independent director

*this image is generated using AI for illustrative purposes only.

United Leasing & Industries has scheduled its 42nd Annual General Meeting (AGM) for September 30, 2026. The board approved the FY26 annual report on September 2, 2026, and fixed September 23, 2026, as the record date for voting eligibility.

The company appointed M/s. Mayuri Sinha & Co. as secretarial auditor and M/s. Raj Anirudh & Associates as internal auditor for FY27 during the same board meeting.

Governance Changes

Directors recommended changing Mr. Karm Sawhney’s designation from Additional Director to Non-Executive Independent Director. This change requires shareholder approval and would be effective for five consecutive years. Mr. Sawhney is an Associate Member of the Institute of Company Secretaries of India with over five years of experience in corporate legal advisory and compliance.

Meeting Logistics

Shareholders can participate in remote e-voting from September 27 to September 29, 2026. The book closure period runs from September 24 to September 30, 2026. M/s. Mayuri Sinha & Co. serves as the scrutinizer for the e-voting process.

Event	Date
Record Date	September 23, 2026
Book Closure	September 24-30, 2026
E-Voting Window	September 27-29, 2026
AGM Date	September 30, 2026

The initial board meeting commenced at 4:00 pm and concluded at 4:30 pm.

Historical Stock Returns for United Leasing & Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	-26.14%	-1.81%	0.0%

How might the transition of Mr. Karm Sawhney to Non-Executive Independent Director impact the company's corporate governance and strategic decision-making processes?

What specific compliance or legal advisory initiatives is Mr. Sawhney expected to prioritize given his background in corporate law?

Are there any other potential board restructuring plans or executive appointments scheduled for the upcoming fiscal year following this AGM?

United Leasing & Industries

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