UFLEX Limited has informed the Exchange regarding Appointment of Mrs. Rashmi Verma as Non- Executive Independent Director of the company w.e.f. May 26, 2026.
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UFLEX Limited's Board met on May 17, 2025 and approved audited financial results for Q4 and FY ended March 31, 2025, along with several governance updates. Consolidated revenue from operations rose to Rs. 1,503.6 crore (from Rs. 1,336.4 crore), and the company swung to a consolidated net profit of Rs. 142.4 crore for FY25, compared to a loss of Rs. 691.2 crore in FY24. On a standalone basis, profit grew to Rs. 214.5 crore from Rs. 161 crore. The Board recommended a dividend of Rs. 3 per share (30%). It also approved the re-appointment of three independent directors — Mr. Sujit Kumar Varma, Mr. Ghyanendra Nath Bajpai, and Mrs. Rashmi Verma — for a second five-year term, subject to shareholder approval. Additionally, M/s. Mahesh Gupta & Co. was appointed as Secretarial Auditor for five years. The 36th AGM is scheduled for August 28, 2025.
Strong turnaround in consolidated profitability, dividend announcement, and stable board continuity are positive signals for shareholders, though a pending income tax demand of Rs. 288.9 crore (under appeal) remains a key overhang to watch.