UCAL Limited has announced a postal ballot notice to seek shareholder approval for two significant resolutions. The first resolution concerns the reduction/dilution of stake in its material wholly-owned subsidiary, Ucal Holdings Inc. (UHI), USA, potentially ceasing the company's control over UHI. This move is prompted by UHI's continuous losses and its adverse impact on UCAL's consolidated financials.

The second resolution pertains to the sale or transfer of a residential plot owned by UCAL's wholly-owned material subsidiary, Ucal Polymer Industries Limited. This plot, measuring 6.97 acres in Mahindra World City, Chengalpattu, is proposed to be sold to Sujo Land and Properties Private Limited, a promoter group company, for a consideration not exceeding ₹45 crore.

The remote e-voting period for these resolutions will commence on January 15, 2026, and conclude on February 13, 2026. The results are expected to be announced on or before February 17, 2026. The company has provided detailed procedures for shareholders to cast their votes electronically.