UCAL LIMITED — Regulatory Filings 2026

May 4, 2026

UCAL

UCAL LIMITED

(Formerly UCAL FUEL SYSTEMS LIMITED)

04th May 2026

| National Stock Exchange of India Limited
Exchange Plaza,
Bandra Kurla Complex
Bandra East,
Mumbai 400 051
NSE Code: UCAL | BSE Limited,
Corporate Relationship Department,
1st floor, New Trading Ring Rotunda
Building, P J Towers, Dalal Street, Fort
Mumbai - 400 001.
BSE Code: 500464 |
| --- | --- |

Dear Sir,

Sub: Submission of Secretarial Compliance Report under Regulation 24A of SEBI LODR, 2015.

Please find attached the Secretarial Compliance Report under Regulation 24A of SEBI LODR, 2015 issued by M/s.P.Muthukumaran and Associates, Practising Company Secretaries for the financial year ended 31st March 2026.

Kindly take on record.

Thanking you.

Yours faithfully,

For UCAL LIMITED

S. NARAYAN
COMPANY SECRETARY

Encl: as above

REGD OFFICE: 11 B/2 (S.P), First Cross Road, Ambattur Industrial Estate, Ambattur, Chennai - 600 058. Tel.No: 044 - 6654 4719 E-mail: ufsl.ho@ucal.com Website: www.ucal.com CIN: L31900TN1985PLC012343

IATF 18849:2016 BUREAU VERITAS Certification

BUREAU VERITAS 1828

---

PS

P MUTHUKUMARAN AND ASSOCIATES

Company Secretaries in Practice

SECRETARIAL COMPLIANCE REPORT

OF UCAL LIMITED

FOR THE FINANCIAL YEAR ENDED 31st MARCH, 2026

We, P MUTHUKUMARAN AND ASSOCIATES have examined:

(a) all the documents and records made available to us and explanation provided by UCAL Limited (“the listed entity”),

(b) the filings/ submissions made by the listed entity to the Stock Exchanges,

(c) website of the listed entity,

(d) Any other document/ filing, as may be relevant, which has been relied upon to make this Report

for the financial year ended 31st March, 2026 (“Review Period”) in respect of compliance with the provisions of:

(a) the Securities and Exchange Board of India Act, 1992 (“SEBI Act”) and the regulations, circulars, guidelines issued thereunder; and

(b) the Securities Contracts (Regulation) Act, 1956 (“SCRA”), rules made thereunder and the regulations, circulars, guidelines issued thereunder by the SEBI;

The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include: -

a) Securities and Exchange Board of India (LODR) Regulations, 2015;

b) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; (Not applicable to the Company during the period of review)

c) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;

d) Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; (Not applicable to the Company during the period of review)

e) Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; (Not applicable to the Company during the period of review)

f) Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; (Not applicable to the Company during the period of review)

g) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;

h) other regulations as applicable and circulars/ guidelines issued thereunder;

---

PS

P MUTHUKUMARAN AND ASSOCIATES

Company Secretaries in Practice

and based on the above examination, we hereby report that, during the Review Period:

(a) (**) The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines issued thereunder, except in respect of matters specified below:

Sr No.	Compliance Requirement (Regulations / circulars/ guidelines including specific clause)	Regulations/Circular No.	Deviations	Action Taken by	Type of Action	Details of Violation	Fine Amounts	Observations (Remarks of the Practicing Company Secretary (PCS))	Manage -ment Response	Remarks
NIL

(b) The listed entity has taken the following actions to comply with the observations made in previous reports:

Sr. No.	Observations/Remarks Of the Practicing Company Secretary in the previous reports) (PCS)	Observations made in the secretarial compliance report for the year ended ... (the years are to be mentioned)	Compliance Requirement (Regulations/ circulars/ Guidelines Including Specific clause)	Details of violation / deviations and actions taken / penalty imposed, if any, on the listed entity	Remedial actions, if any, taken by the listed entity	Comments of the PCS on the actions taken by the listed entity
No such observations made in previous reports

---

PS

P MUTHUKUMARAN AND ASSOCIATES

Company Secretaries in Practice

I. We hereby report that, during the review period the compliance status of the listed entity with the following requirements:

SR. NO	PARTICULARS	COMPLIANCE STATUS (YES/NO/NA)	OBSERVATIONS/REMARKS BY PCS
1.	Secretarial Standards: The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries of India (ICSI).	Yes	-
2.	Adoption and timely updation of the Policies:
• All applicable policies under SEBI Regulations are adopted with the approval of board of directors of the listed entities.
• All the policies are in conformity with SEBI Regulations and have been reviewed & updated on time, as per the regulations/circulars/guidelines issued by SEBI.	Yes	-
3.	Maintenance and disclosures on Website:
• The listed entity is maintaining a functional website.
• Timely dissemination of the documents/information under a separate section on the website.
• Web-links provided in annual corporate governance reports under Regulation 27(2) are accurate and specific which redirects to the relevant document(s)/section of the website.	Yes	-
4.	Disqualification of Director(s):
None of the director(s) of the listed entity is/are disqualified under Section 164 of Companies Act, 2013 as confirmed by the listed entity.	Yes	-

---

PS

P MUTHUKUMARAN AND ASSOCIATES

Company Secretaries in Practice

5.	Details related to subsidiaries of listed entities have been examined w.r.t.: (a) Identification of material subsidiary companies. (b) Disclosure requirement of material as well as other subsidiaries.	Yes	-
6.	Preservation of Documents: The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per policy of preservation of documents and archival policy prescribed under SEBI LODR Regulations, 2015.	Yes	-
7.	Performance Evaluation: The listed entity has conducted performance evaluation of the board, independent directors and the committees at the start of every financial year/during the financial year as prescribed in SEBI Regulations	Yes	-
8.	Related Party Transactions: (a) The listed entity has obtained prior approval of audit committee for all related party transactions; (b) In case no prior approval obtained, the listed entity shall provide detailed reasons along with confirmation whether the transactions were subsequently approved/ratified/rejected by the audit committee.	Yes	-
9.	Disclosure of events or information: The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of SEBI LODR Regulations, 2015 within the time limits prescribed thereunder.	Yes	-
10.	Prohibition of Insider Trading: The listed entity is in compliance with Regulation 3(5) & 3(6) SEBI (Prohibition of Insider Trading) Regulations, 2015.	Yes	-
11.	Actions taken by SEBI or Stock Exchange(s), if any: No action(s) has been taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder (or)	Yes	-

---

PS

P MUTHUKUMARAN AND ASSOCIATES

Company Secretaries in Practice

	The actions taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges are specified in the last column.
12.	Resignation of statutory auditors from the listed entity or its material subsidiaries:
In case of resignation of statutory auditor from the listed entity or any of its material subsidiaries during the financial year, the listed entity and / or its material subsidiary(ies) has / have complied with paragraph 6.1 and 6.2 of section V-D of chapter V of the Master Circular on compliance with the provisions of the LODR Regulations by listed entities.	NA	No such events (appointing/re-appointing an auditor) occurred during the reporting period.
13.	Additional Non-compliances, if any:
No additional non-compliances observed for any SEBI regulation/circular/guidance note etc. except as reported above.	NA	No such non-compliances observed during the reporting period.

We further, report that the listed entity is in compliance/ not in compliance with the disclosure requirements of Employee Benefit Scheme Documents in terms of regulation 46(2) (za) of the LODR Regulations.

Assumptions & limitation of scope and review:

1. Compliance of the applicable laws and ensuring the authenticity of documents and information furnished, are the responsibilities of the management of the listed entity.
2. Our responsibility is to report based upon our examination of relevant documents and information. This is neither an audit nor an expression of opinion.
3. We have not verified the correctness and appropriateness of financial records and books of account of the listed entity.
4. This report is solely for the intended purpose of compliance in terms of Regulation 24A (2) of the SEBI (LODR) Regulations, 2015 and is neither an assurance as to the future viability of the listed entity nor of the efficacy or effectiveness with which the management has conducted the affairs of the listed entity.

For P MUTHUKUMARAN AND ASSOCIATES COMPANY SECRETARIES

Place: Chennai
Date: 04-05-2026

MUTHUKUMARAN
Digitally signed by MUTHUKUMARAN
Date: 2026.05.04 16:43:39 +05'30'

MUTHUKUMARAN
Partner
FCS No:11218 | CP No: 20333
UDIN : F011218H000273139
Peer Review No: 7833/2026