United leasing & industries Limited has filed its mandatory annual disclosure under SEBI regulations, confirming that no promoter shares were encumbered during the financial year ended 31st March, 2026. The disclosure was submitted to BSE Limited on 09.04.2026, fulfilling regulatory compliance requirements under the substantial acquisition norms.

Regulatory Compliance Filing

The company submitted the annual disclosure pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. Director Aditya Khanna filed the disclosure on behalf of the company, which was originally prepared by promoter Ashish Khanna representing the entire promoter and promoter group, including Persons Acting in Concert (PAC).

The disclosure specifically confirms that there has been no encumbrance of shares, directly or indirectly, by the promoter and promoter group during the financial year ended 31st March, 2026.

Promoter Group Shareholding Pattern

The disclosure reveals the detailed shareholding structure of the promoter and promoter group across 13 entities:

Promoter Group Companies

The promoter group also includes several corporate entities with varying shareholdings:

Key Highlights

The disclosure demonstrates a concentrated promoter holding with Aditya Khanna and Ashish Khanna being the largest individual shareholders, each holding approximately 16.58% and 16.57% respectively. The total promoter and promoter group shareholding amounts to 14,11,270 shares, representing 47.70% of the company's total shareholding.

The filing confirms regulatory compliance and transparency in shareholding disclosures, with the company maintaining its commitment to proper corporate governance practices. The absence of any share encumbrance indicates financial stability within the promoter group during the reported financial year.

United Leasing & Industries Limited (ULIL) has announced its financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance. The company also appointed a new independent director to its board.

Financial Performance

For the quarter ended September 30, 2025, ULIL reported:

The company's revenue from operations for Q2 2025 stood at Rs 170.81 lakhs, showing an increase from Rs 143.45 lakhs in the previous quarter. However, ULIL reported a loss of Rs 7.84 lakhs for the quarter, compared to a smaller loss of Rs 0.35 lakhs in Q1 2025.

For the half-year period ended September 30, 2025:

• Revenue from operations was Rs 314.26 lakhs, down from Rs 326.40 lakhs in the corresponding period of the previous year.
• The company reported a loss of Rs 8.19 lakhs, contrasting with a profit of Rs 24.85 lakhs in the same period last year.

New Independent Director Appointment

ULIL announced the appointment of Mr. Karm Sawhney as an Additional Director in the category of Non-Executive Independent Director. Key details of the appointment include:

• Appointment Date: November 12, 2025
• Term: Five consecutive years, until November 11, 2030
• Background: Mr. Sawhney is described as an aspiring Practicing Company Secretary with strong business acumen and experience in providing consultancy on various projects.

Auditor's Observations

The independent auditor's review report highlighted several points:

1. The company has not booked interest income of approximately Rs 3.56 lakhs on loans provided to group companies for the quarter ended September 30, 2025.
2. Interest expense of approximately Rs 3.23 lakhs on borrowings from group companies has not been recorded for the same period.
3. The company has adopted a revaluation model for its land under IND AS 16, with the last valuation conducted in FY 2021-22.

Outlook

While ULIL has shown an increase in quarterly revenue, the shift from profit to loss year-over-year indicates challenges in maintaining profitability. The appointment of a new independent director may bring fresh perspectives to the company's governance and strategic direction.

Investors and stakeholders should note the auditor's observations regarding unbooked interest income and expenses, which may impact the company's financial statements in future periods.