Compliance as per Regulation 34 of SEBI, (LODR) Regulations, 2015 for year ended 31.03.2022.
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Awaiting price reaction for this filing.
Unipro Technologies Ltd has submitted its 37th Annual Report for the financial year ended March 31, 2022, to comply with SEBI LODR Regulation 34. The company reported zero turnover and zero other income for both FY22 and FY21. It posted a net loss of Rs. 20.02 lakh in FY22, slightly better than the Rs. 21.20 lakh loss in FY21. The statutory auditor (M/s. V Ravi and Co.) issued an unqualified opinion with no qualifications. No dividend was recommended, no remuneration was paid to directors, and no related party transactions or frauds were reported. The 37th AGM was scheduled for September 30, 2022. Paid-up capital stands at Rs. 6.08 crore (60.84 lakh shares of Rs. 10 each), and the stock is listed on BSE under code 540189.
The filing is a routine regulatory compliance submission and does not change the company's fundamentals. However, shareholders should note the company has had no operating revenue for two consecutive years, continued losses (though narrowing), and no dividend, indicating the business remains inactive or in turnaround mode. The long delay in filing (report for FY22 submitted in October 2024) may raise governance concerns for investors.