Universus Photo Imagings Limited has secured a decisive legal victory following the National Company Law Appellate Tribunal's decision to allow the withdrawal of an appeal filed against the company. The development marks the conclusion of a legal dispute that has been ongoing since October 2025.

Legal Proceedings Timeline

The legal matter originated when the National Company Law Tribunal, Allahabad Bench dismissed a petition filed by Mr. Ankit Jain, a shareholder of the company, through its order dated 15th October 2025. The NCLT had decided the matter in favour of Universus Photo Imagings Limited at that time.

NCLAT Decision and Implications

During the proceedings held on 16th April 2026, the Hon'ble NCLAT allowed the withdrawal application filed by Mr. Ankit Jain seeking withdrawal of his appeal. Consequently, the appellate tribunal dismissed the said appeal as withdrawn, bringing the legal dispute to a close.

The dismissal of the appeal by the NCLAT ensures that the order dated 15th October 2025 passed by the NCLT Allahabad in favour of the company continues to remain operative. This provides legal certainty and validates the company's position in the disputed matter.

Regulatory Compliance

The company has disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Universus Photo Imagings Limited has indicated that while a formal order is yet to be received, the company will ensure due compliance with all directions contained in the said order once received.

The disclosure was made as a matter of abundant caution to ensure transparency with stakeholders and regulatory authorities. The company has committed to providing the required disclosure of the formal order as soon as it is received from the NCLAT.

Universus Photo Imagings Limited has filed its quarterly compliance certificate with stock exchanges, demonstrating adherence to regulatory requirements for the fourth quarter of fiscal year 2026.

Regulatory Filing Details

The company submitted its compliance certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on April 13, 2026. The filing was addressed to both the National Stock Exchange of India Limited and BSE Limited, covering the quarter ended March 31, 2026.

Registrar Confirmation

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 6, 2026. The registrar confirmed compliance with all dematerialization procedures during the specified quarter period.

The registrar's certificate confirms that during the period from January 1, 2026 to March 31, 2026, all demat requests were processed within the stipulated 15-day timeframe. Key compliance activities included:

• Confirmation of demat requests (approved/rejected)
• Verification that securities were listed on appropriate stock exchanges
• Proper mutilation and cancellation of physical certificates
• Substitution of depository names in the register of members for approved requests

Corporate Information

Universus Photo Imagings Limited, formerly known as Jindal Photo Imaging Limited, operates with its corporate office located at Plot No. 12, Local Shopping Complex, Sector B-1, Vasant Kunj, New Delhi. The filing was signed by Company Secretary Suresh Kumar, bearing ACS number 41503.

The compliance certificate filing ensures transparency and adherence to regulatory frameworks governing depositories and participant operations, maintaining the company's good standing with market regulators and stock exchanges.