U. Y. Fincorp Limited has informed the Exchange regarding Board meeting held on May 22, 2025.
UYFINCORP · price
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U. Y. Fincorp's board approved four key items in its meeting on May 22, 2025. It appointed R. K. Lodha & Associates as Internal Auditors for FY 2025-26 and Prateek Kohli & Associates as Secretarial Auditor for a five-year term starting FY 2025-26, subject to shareholder approval. The board also approved modifications to the company's Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. Importantly, the company decided to voluntarily delist its equity shares from the Calcutta Stock Exchange (CSE), citing that CSE has no active trading platform, so shareholders will not be affected. The company will continue to remain listed on BSE and NSE.
Shareholders are not impacted as the delisting is from the non-functional Calcutta Stock Exchange, while BSE and NSE listings remain intact. The new auditor appointments are routine governance updates and the code modification reflects standard compliance housekeeping.