BSENicco Uco Alliance Credit LtdMinimalNeutral
Announced Thu, 12 Mar · 15:56 IST

Nicco Uco Alliance Credit Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/03/2026 ,inter alia, to consider and approve Pursuant to Regulation ....

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nicco Uco Alliance Credit Ltd has informed BSE that its Board of Directors will meet on Thursday, 19 March 2026 at 2:00 PM at the registered office in Kolkata. Key agenda items include noting the resignation of the existing Company Secretary and approving the appointment of Ms. Sanjushree Paul (currently Assistant Company Secretary) as the new Company Secretary & Compliance Officer. The Board will also review the status of pending legal proceedings at Bankshall Court (Misc. Case No. 215 of 2025) and City Civil Court, Kolkata (Title Suit No. 2565 of 2025). Additionally, it will take note of an appeal filed by UCO Bank before NCLAT against an NCLT Kolkata order. The Scrip Code is 523209.

Likely market impact

The presence of NCLT/NCLAT proceedings involving UCO Bank and multiple pending court cases signals significant legal/financial stress on the company, which is a key risk for shareholders. The change in Company Secretary is a routine compliance matter but adds to the governance churn at the firm.