Nicco Uco Alliance Credit Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2026 ,inter alia, to consider and approve Pursuant to Regulation ....
Awaiting price reaction for this filing.
Nicco Uco Alliance Credit Ltd has scheduled a board meeting on May 19, 2026 at 2:00 PM at their Kolkata office. The meeting agenda includes approval of Q4 and full-year financial results for FY 2025-26 ending March 31, 2026. Key items include re-appointment of Mrs. Anita Lahiri as Woman Director, appointment of Mr. Abhijit Banerjee as Independent Director, and re-appointment of Mr. Kaustubha Basu as MD & CEO for another 3 years despite being over 70 years of age. The board will also consider a loan proposal from subsidiary Nicco Insurance Agents & Consultants Ltd (NIACL), review legal proceedings including a Debt Recovery Tribunal case filed by UCO Bank, and approve the 42nd Annual General Meeting notice and book closure dates.
Approval of annual financial results could impact the stock positively or negatively depending on performance. The related party loan from subsidiary and ongoing legal disputes with UCO Bank are risk factors shareholders should monitor.