UFLEX Limited has informed the Exchange regarding Appointment of Mr. Ghyanendra Nath Bajpai as Non- Executive Independent Director of the company w.e.f. April 17, 2026.
UFLEX · price
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UFLEX's board approved audited results for Q4 and FY ended March 31, 2025, with a clean (unmodified) auditor opinion. On a consolidated basis, revenue rose to Rs. 15,083 crore (from Rs. 13,510 crore) and the company swung from a Rs. 691 crore loss last year to a net profit of Rs. 142 crore this year, with EPS of Rs. 19.71. Standalone revenue grew to Rs. 7,810 crore with net profit of Rs. 214 crore. The board recommended a 30% dividend (Rs. 3 per share) and set the 36th AGM for August 28, 2025, with the shareholder register closed August 2-8, 2025. Three independent directors — Mr. Sujit Kumar Varma, Mr. Ghyanendra Nath Bajpai, and Mrs. Rashmi Verma — were recommended for a second 5-year term, subject to shareholder approval. The board also appointed M/s. Mahesh Gupta & Co. as secretarial auditor for five years (FY26-FY30) and disclosed an ongoing income tax dispute involving a demand of about Rs. 289 crore for AY 2020-21 and 2021-22, which the company is contesting.
The strong turnaround from a consolidated loss to profit, combined with a 30% dividend, is positive for shareholders and likely supportive of the stock. The re-appointment of three experienced independent directors signals board continuity, though the Rs. 289 crore tax demand remains a watch item that is already being appealed.