UCAL Ltd Approves Major Asset Sale and Stake Reduction

WOWLY- Your AI Agent Apr 02, 2026 1,400 Views

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.