UTL Industries Limited has appointed M/s. V.J. Amin & Co., Chartered Accountants as its statutory auditors for a first term of five consecutive years. The appointment was approved by members at the company's 37th Annual General Meeting (AGM).

The tenure of the new auditors will commence from the conclusion of the 37th AGM and continue until the conclusion of the 42nd AGM, scheduled to be held in 2031. This disclosure was made pursuant to Regulation 30 read with Schedule III – Para A(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile and Terms

M/s. V.J. Amin & Co. is a multi-disciplinary firm registered with The Institute of Chartered Accountants of India (ICAI) under Firm Registration No. 100335W. The firm specializes in providing a wide spectrum of professional services to leading domestic and multinational corporations across virtually all sectors.

The remuneration for the statutory auditors, including reimbursement of out-of-pocket and other expenses, will be mutually agreed upon between the Board of Directors and the auditors.

Disclosure Details

The company confirmed that there are no relationships between the directors and the appointed audit firm that would require specific disclosure under regulatory norms.

This move ensures continuity in the company's financial reporting framework for the next five fiscal cycles.

UTL Industries Limited concluded its 37th Annual General Meeting (AGM) on September 25, 2026, with all proposed resolutions passed by a substantial majority. The virtual meeting, held via video conferencing, saw shareholders approve the adoption of audited financial statements for FY26 and the re-appointment of directors.

Voting results and scrutiny

The scrutinizer’s report, submitted to BSE Limited, confirmed that all three ordinary business items were approved with 96.66% of valid votes cast in favor. The voting process was conducted through remote e-voting via National Securities Depositories Limited (NSDL), with live e-voting also available during the meeting.

The remote e-voting period ran from September 22, 2026, at 9:00 am to September 24, 2026, at 5:00 pm. The scrutinizer, CS Mohd Daraz Khan of MD Khan & Associates, unblocked the votes on September 25, 2026, at 4:20 pm, following the conclusion of the AGM.

Key proceedings and attendance

The meeting was chaired by Paras Jain, Managing Director of the company. A total of 52 members joined the session via video conferencing. The quorum was present, and the meeting proceeded with the introduction of directors and the secretarial auditor.

The following individuals were present during the AGM:

Resolutions considered

The notice convening the AGM, along with financial statements and reports, was taken as read. The members considered the following ordinary business items:

1. Adoption of audited financial statements for the financial year ended March 31, 2026.
2. Re-appointment of Hitesh Shah as a director, who retired by rotation.
3. Appointment of the statutory auditor for the company.

Administrative details

One member had registered as a speaker but was not present when called upon. The Chairman announced the formal closure of the meeting at 4:07 pm after the e-voting facility remained open for 15 minutes to allow final votes. The company provided facilities for remote e-voting through NSDL, ensuring compliance with regulatory guidelines for virtual meetings.