PURSUANT TO REG 30 READ WITH SCH III OF SEBI LODR REG 2015 WE WISH TO INFORM YOU THE OUTCOME OF MEETING HELD ON 08TH MAY 2025
Awaiting price reaction for this filing.
The board of Nicco Uco Alliance Credit Limited approved multiple routine items at its meeting on May 8, 2025. It appointed Madhuri Pandey, Practicing Company Secretary, as Secretarial Auditor and M/s Dey Chakroborty & Sen, Chartered Accountants, as Internal Auditors for FY 2025-26. Mr. Prabir Kumar Nag (DIN: 07178929) was re-appointed as an Independent Director for a second 5-year term (May 25, 2025 to May 24, 2030), subject to shareholder approval. The board also approved the notice for the 41st Annual General Meeting, recommended re-appointment of Mrs. Anita Lahiri as Independent Woman Director (retiring by rotation), and adopted amended Memorandum and Articles of Association to align with the Companies Act, 2013.
This is a routine governance update with no material financial or strategic impact for shareholders. The auditor appointments and independent director re-appointments are standard annual compliance actions, while the MOA/AOA changes simply bring the company's constitutional documents in line with current law.