UTL Industries Limited has informed BSE Limited of an upcoming Board of Directors meeting, scheduled for Monday, May 25, 2026, at its registered office located at 1st Floor, K-plex, Near Rhino Circle, Vadodara – 390007. The intimation, dated May 12, 2026, has been filed pursuant to Regulation 29 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The primary agenda of the meeting is to consider and approve the audited standalone financial results for the quarter and period ended March 31, 2026. The board may also consider any other business with the approval of the Chairman. Key details of the scheduled meeting are outlined below:

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the trading window of UTL Industries Limited has been closed since April 1, 2026. The trading window will reopen 48 hours after the declaration of the audited standalone results for the quarter and period ended March 31, 2026. The company had previously intimated BSE of this closure on March 28, 2026.

The intimation has been signed by Mr. Paras Jain, Managing Director of UTL Industries Limited.

UTL Industries Limited has officially declared that it does not meet the Large Corporate criteria as specified under SEBI circular dated November 26, 2018, pertaining to fund raising through debt securities issuance. The company made this declaration in a formal communication to BSE Limited on April 13, 2026.

Regulatory Compliance Declaration

The company confirmed its status in accordance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising by issuance of debt securities by Large Corporates. UTL Industries stated that as of March 31, 2026, it does not fall under the criteria specified in Para 2.2 of the aforesaid circular, hence it shall not be considered as Large Corporate (LC).

Impact on Financial Year 2025-2026

Due to its non-Large Corporate status, UTL Industries confirmed that the annual disclosure requirements for incremental borrowings are not applicable to the company for Financial Year 2025-2026. This exemption relates specifically to the disclosure obligations mandated under the aforementioned SEBI circular for fund raising by issuance of debt securities.

Corporate Information and Communication Details

The declaration was digitally signed by Mr. Paras Jain, Managing Director of UTL Industries Limited, bearing DIN 10293593, on April 13, 2026 at 09:51:33 +05'30'. The company is incorporated under CIN L27100GJ1989PLC012843 and maintains its registered office at 1st floor, Vadodara-Hyper, Dr. Vikram Sarabhai Marg, Vadodara, Gujarat 390007. UTL Industries operates under the scrip code 500426 on BSE Limited.

Regulatory Context

The SEBI circular dated November 26, 2018, establishes specific criteria for categorizing companies as Large Corporates and mandates certain disclosure requirements for such entities when raising funds through debt securities. Companies falling under this category are required to file annual disclosures regarding their incremental borrowings, ensuring enhanced transparency in corporate debt management. UTL Industries' declaration confirms its exemption from these enhanced disclosure requirements.