Intimation under Regulation 30 of SEBI LODR, 2015
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On the reaction day the stock moved 4.0 pts less than Nifty Microcap 250 and 3.7 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Universal Starch Chem Allied Ltd has informed the stock exchange about three decisions taken at its board meeting held on May 26, 2025. First, it appointed M/s. Leena Agrawal & Co. as its Secretarial Auditor for five financial years from FY 2025-26 to FY 2029-30. Second, it appointed M/s. Phatak Joshi & Co. as its Internal Auditor for FY 2025-26. Third, the company has received an eligibility certificate for a Rs. 7,345 lakh incentive under the Package Scheme of Incentive 2007, which will be paid out over 10 years at Rs. 734.50 lakh per year.
These are routine compliance-related appointments and do not signal any governance concern. The Rs. 7,345 lakh government incentive spread over 10 years is a positive long-term cash flow boost, adding around Rs. 73 crore to the company's revenue/income over the decade.