Utkal Speciality Industries India Limited Corrects Board Resolution Date for Restated Financial Statements

Utkal Speciality Industries India Limited Corrects Board Resolution Date for Restated Financial Statements

Utkal Speciality Industries India Limited Corrects Board Resolution Date for Restated Financial Statements​

Utkal Speciality Industries India Limited has issued a clarification regarding the date of the Board resolution approving the restated financial statements and the corresponding restated Independent Auditor's report for the quarter ended December 31, 2025.

The company identified an error in the Red Herring Prospectus dated June 02, 2026, and the Prospectus dated June 15, 2026. The correction pertains to the specific date associated with the Board's approval of the restated financial figures.

According to the updated information, the correct date of the Board resolution is January 07, 2026. This replaces the date previously cited as October 30, 2025, in the aforementioned documents.

UTKAL Stock Price Movement​

Utkal Speciality Industries India Limited shares rallied 4.93% today to settle at ₹28.75. The stock saw active interest with a total volume of 8,000 shares traded during the session.
 

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