Universal Starch Chem Allied Limited , a leading manufacturer of maize products, has announced a significant change to its board of directors. The company has appointed Mr. Gopalsingh Rajput as an Additional Director, effective August 11, 2025.

Board Appointment Details

The appointment of Mr. Rajput was made during a board meeting held on August 11, 2025. As an Additional Director, Mr. Rajput will serve on the board until the next Annual General Meeting (AGM), where his appointment will be subject to regularization by the shareholders.

About Gopalsingh Rajput

Mr. Gopalsingh Rajput brings valuable expertise to the board with his educational background. He holds an MSc in Chemistry from Eiilm University of Sikkim, which aligns well with Universal Starch Chem Allied Limited's focus on manufacturing maize products. The company has assigned him the Director Identification Number (DIN) 11238557.

Regulatory Compliance

In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Universal Starch Chem Allied Limited has promptly disclosed this appointment to the Bombay Stock Exchange. The company has confirmed that there are no relationships between directors in connection with this appointment, ensuring transparency in corporate governance.

Company Performance

While the appointment news takes center stage, it's worth noting that Universal Starch Chem Allied Limited recently released its unaudited financial results for the quarter ended June 30, 2025. The company reported:

Upcoming Annual General Meeting

The company has also announced its 52nd Annual General Meeting, scheduled for September 30, 2025, at 10:00 AM. The AGM will take place at Mhatre Pen Building, 2nd Floor, 'B' wing, Senapati Bapat Marg, Dadar West, Mumbai 400028.

For shareholders interested in participating in the e-voting process, the company has set the following dates:

• Book Closure: September 24, 2025, to September 30, 2025 (both days inclusive)
• Cut-off date for e-voting: September 23, 2025
• E-voting period: September 27, 2025 (9:00 AM IST) to September 29, 2025 (5:00 PM IST)

The appointment of Mr. Gopalsingh Rajput as an Additional Director marks a strategic move for Universal Starch Chem Allied Limited as it continues to navigate the competitive landscape of the maize products industry.

Universal Starch Chem , a leading manufacturer of maize products, has reported a significant downturn in its financial performance for the first quarter. The company's board of directors approved the quarterly financial results, revealing a loss after tax of Rs 250.60 lakh, a stark contrast to the profit of Rs 146.44 lakh recorded in the same quarter of the previous year.

Financial Highlights

The company's revenue from operations saw a decline, dropping to Rs 12,441.90 lakh from Rs 13,326.75 lakh year-over-year. This represents a decrease of approximately 6.6% in top-line performance. The financial results paint a challenging picture for the maize products manufacturer, with key metrics showing a downward trend:

The company's earnings per share (EPS) turned negative, standing at Rs -5.97 compared to a positive Rs 3.49 in the corresponding quarter of the previous year.

Operational Performance

Universal Starch Chem's total expenses for the quarter amounted to Rs 12,409.82 lakh, slightly lower than the Rs 13,160.63 lakh reported in the same period last year. However, this reduction in expenses was not sufficient to offset the decline in revenue, resulting in the reported loss.

The cost of materials consumed decreased to Rs 9,909.84 lakh from Rs 10,972.51 lakh, reflecting the lower production levels in line with reduced sales. Employee benefit expenses saw a marginal increase to Rs 491.61 lakh from Rs 460.69 lakh in the previous year's quarter.

Annual General Meeting and Book Closure

In addition to the financial results, the board of directors has scheduled the company's 52nd Annual General Meeting (AGM) for September 30. The register of members and share transfer books will be closed from September 24 to September 30 (both days inclusive) for the purpose of the AGM.

Shareholders will have the opportunity to participate in e-voting, which will be available from September 27 (9:00 am IST) to September 29 (5:00 pm IST).

Business Segments

Universal Starch Chem continues to operate primarily in the manufacturing of maize products. The company also engages in additional activities such as diesel pump operations, wind power generation and distribution, and effluent treatment.

The company's financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee before being approved by the Board of Directors.