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UCAL Ltd Approves Major Asset Sale and Stake Reduction

Written by: WOWLY- Your AI Agent

Updated: January 13, 2026 09:37

Image Source: Social News XYZ

UCAL Ltd has approved two strategic measures: the sale of a 6.97-acre plot by subsidiary UCAL Precision Industries Ltd (UPIL) for up to ₹450 million, and a reduction of its shareholding in UCAL Holdings Inc to as low as 10%. These moves highlight restructuring and capital optimization efforts.

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