Uravi Defence and Technology Limited successfully conducted its Extra Ordinary General Meeting on March 02, 2026, securing shareholder approval for critical corporate governance and strategic decisions. The meeting was held at 4:15 PM IST through video conferencing in compliance with applicable provisions of the Companies Act, 2013 and relevant regulatory circulars.

Voting Results Overview

The EGM addressed three significant resolutions, all of which received strong shareholder support. The company's total shareholding of 11400000 shares was distributed between promoter and promoter group holdings of 6178160 shares and public non-institutional holdings of 5221840 shares.

Resolution 1: Statutory Auditor Appointment

Shareholders unanimously approved the appointment of M/S Viren Gandhi & Co, Chartered Accountants as statutory auditors to fill the casual vacancy caused by the resignation of M/s GBCA & Associates LLP. The appointment will remain effective until the ensuing Annual General Meeting.

Resolution 2: SKL India Disinvestment

The special resolution for disinvestment in SKL India Private Limited received approval with 99.99% support. This strategic decision reflects the company's portfolio optimization efforts.

Resolution 3: Related Party Transaction Approval

Shareholders approved the material related party transaction for disinvestment of 50.01% shareholding in SKL, a material subsidiary. The shares will be transferred to Mr. Krishna Kumar Bhatia, Managing Director and Promoter of SKL, and/or Mrs. Bhavna Bhatia, Director and Promoter of SKL.

Notably, the promoter and promoter group abstained from voting on this resolution due to their interest in the transaction, with only public non-institutional shareholders participating in the voting process.

Scrutinizer's Report

CS Dharendra Maurya of D Maurya and Associates served as the scrutinizer for the electronic voting process. The scrutinizer's report confirmed that 21 members participated through remote e-voting, while 8 members cast their votes during the EGM. The report validated that all three resolutions were passed with requisite majority.

Regulatory Compliance

The company maintained full compliance with regulatory requirements, including Regulation 44 of SEBI Listing Regulations. The voting results and scrutinizer's report have been submitted to NSE and BSE, and are available on the company's website at www.uravilamps.com . The cut-off date for voting eligibility was set as February 20, 2026, with remote e-voting conducted from February 27 to March 01, 2026.

Uravi Defence and Technology Limited announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved the results at their meeting held on February 14, 2026, which commenced at 11:00 A.M. and concluded at 12:30 P.M.

Financial Results Approval

The Board of Directors considered and approved the unaudited standalone financial results for the quarter and nine months period ended December 31, 2025. The results were accompanied by a Limited Review Report issued by the company's statutory auditors.

However, the company was unable to prepare consolidated financial results due to pending information from its subsidiary. The financial information and supporting documents required from SKL (India) Private Limited were not received up to the date of the meeting and remain awaited, preventing the company from preparing consolidated financial results in compliance with applicable accounting and regulatory requirements.

Share Warrant Developments

During FY 2024-25, the company issued 15,00,000 partly paid share warrants on a preferential basis, each convertible into one equity share of face value ₹10, aggregating to ₹4,950.00 lakhs. Out of these, 2,60,000 share warrants were converted into equity shares at an average conversion price of ₹330 per share during the year.

During FY 2025-26, the company received full payment for 1,40,000 share warrants, which were subsequently converted into equity shares. The balance share warrants were written off, amounting to ₹907.50 lakhs.

Subsidiary Disposal Plan

The investment in SKL has been classified as held for sale in accordance with Ind AS 105, as the management has approved a plan to dispose of the subsidiary. The sale is expected to be completed within twelve months, and the company has received an advance amount of ₹1125.20 lakhs in respect of the proposed sale.

Internal Auditor Reappointment

The Board considered and approved the re-appointment of M/s V J Shah & Co., Chartered Accountants as Internal Auditors of the company for Financial Year 2026-27. V J Shah & Co is described as a multidisciplinary professional services organization rendering a range of value-added services to businesses of all sizes and sectors since 1982.

Regulatory Compliance

The financial results were prepared in accordance with the Companies (Ind AS) Rules, 2015 prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices. The statutory auditors carried out a limited review of the results for the quarter and nine months ended December 31, 2025.

The company reported no investor complaints pending as on December 31, 2025, and operates primarily in manufacturing and supply of automotive components, which it considers as a single reportable business segment.