Outcome of the Board Meeting held on 11 August 2025
Awaiting price reaction for this filing.
Universal Office Automation's board, meeting on 11 August 2025, approved the unaudited standalone results for Q1 FY26 (quarter ended 30 June 2025). The company reported no revenue from operations, with total income of Rs. 3.11 lakhs (down from Rs. 3.92 lakhs in Q1 FY25), all from other income such as interest on fixed deposits. Total expenses fell sharply to Rs. 5.13 lakhs from Rs. 11.20 lakhs a year ago, leading to a narrower net loss of Rs. 2.01 lakhs versus Rs. 7.28 lakhs in the year-ago quarter. The board also appointed Mr. Jasbir Singh Marjara as the new Company Secretary and Compliance Officer, Mr. Gagandeep Singh Waraich as Internal Auditor for FY26, and M/s Rana & Associates as Secretarial Auditor for a five-year term (FY26–FY30), subject to shareholder approval. M/s Rana & Associates was also named as Scrutinizer for the 33rd AGM.
Continued lack of operating revenue keeps the company loss-making, though the loss has narrowed meaningfully on lower expenses. The appointments strengthen the compliance and audit framework but do not change the near-term business outlook for shareholders.