Udayshivakumar Infra Announces Adjournment of Board Meeting Due to Lack of Quorum
Udayshivakumar Infra Ltd has shared details regarding the scheduling and postponement of its Board Meeting intended to address the audited financial results for the quarter and year ended March 31, 2026. The company confirmed that a planned meeting did not proceed due to insufficient attendance.The company initially informed Stock Exchanges about holding a Board Meeting on May 30, 2026. This meeting was scheduled to consider and approve the Audited Financial Results (Standalone) for the quarter and financial year ended March 31, 2026. The agenda also included considering a proposal for raising funds through a preferential issue of securities, including convertible warrants, to an identified member of the promoter of the company.
Due to a lack of quorum, the Board Meeting held on May 30, 2026, was adjourned. Accordingly, the meeting was rescheduled for Saturday, June 06, 2026, at the same time and with the same agenda.
The materials provided by Udayshivakumar Infra Ltd detailed the progression of these corporate events:
| Event | Date | Outcome / Status |
|---|---|---|
| Board Meeting (Initial) | May 30, 2026 | Adjourned due to lack of quorum. |
| Board Meeting (Adjourned) | June 06, 2026 | Scheduled for consideration and approval of Audited Financial Results and preferential issue proposal. |
The company had previously intimated Stock Exchanges about the deferment of the approval of these results along with the reasons thereof, as communicated via a letter dated May 30, 2026.
In response to inquiries concerning the delay in submitting financial results, Udayshivakumar Infra Ltd confirmed that the company had submitted the reasons for non-submission of the financial results following compliance requirements stipulated by regulatory bodies.
The company stated that the Audited Standalone Financial Results will be submitted and published only after they are approved by the Board in the adjourned meeting. The company also noted that the trading window will open only 48 hours after the declaration of the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026.
USK Stock Price Movement
On Friday, shares of Udayshivakumar Infra Limited edged higher to close at ₹23.97, marking a solid 1.04% gain during the session. The stock traded with a volume of 3,309 shares as it closed near the upper end of its trading range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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