Outcome of Board Meeting

UCAL LIMITED (Formerly UCAL FUEL SYSTEMS LIMITED) Date: 08.07.2026 National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5“ Floor, Corporate Relationship Department Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, DalaI Street, Bandra(E), Mumbai 400 051 Mumbai - 400 001 Stock Code : UCAL Stock Code: 500464 Dear Sir/Madam, SUB: Outcome of the Meeting of the Board of Directors held on today i.e 08th July 2026 In terms of Regulation 30 read with Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform the Exchange that with the recommendation of the Nomination and Remuneration Committee, the Board of Directors at its meeting held today viz„ 08th July 2026 has inter-alia 1. Approved the re-appointment of Mr.Jayakar Krishnamurthy (DIN: 0001898/) as Managing Director (Designated as Chairman and Managing Director) not liable to retire by rotation for the term of five (5) years with effect from 01“ September, 2026 to 31“ August 2031 (both days inclusive) subject to approval of shareholders of the Company and such other statutory approvals as may be required. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2025 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026 including amendments thereon, is enclosed as Annexure A. 2. Approved the increase in managerial remuneration of Mr. Adithya Srivatsa Jayakar (DIN: 08188358) Deputy Managing Director of the company. 3. Approved the re-appointment of Mr. Ram Ramamurthy (DIN: 06955'W) as Whole Time Director liable to retire by rotation, for the term of two (2) years with effect from 4th September 2026 to 3"i September 2028 (both days inclusive) subject to approval of shareholders of the Company. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regplations, 2025 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026 including amendments thereon, is enclosed as Annexure A. REGD OFFICE : 11 B/2 (S.P), First Cross Road, Ambattur Industrial Estate, iAn 108482018 Ambattur, Chennai - 600 058. TeE.No: 044 - 6654 4719 BUREAU VERITAS E-mail: ufst.ho@ucal.com Website: www.ucal.com Cortlll€otl08 CIN: L31900TN 198SPLC012343 4. Approved the re-appointment of Mr. Ramachandran Sundar (DIN: 10831047) as an Non Executive and Independent Director of the Company not liable to retire by rotation, for the second term of five (5) consecutive years with effect from j3th November 2026 to j2th November 2031 (both days inclusive) subject to approval of shareholders of the Company. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2025 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026 including amendments thereon, is enclosed as Annexure A. 5. Approved the re-appointment of Mr. Abhaya Shankar (DIN:00008378) as Non-Executive Non-Independent Director of the Company liable to retire by rotation, for the further term of two (2) years with effect from 14th November 2026 to 13th November 2028 (both days inclusive) subject to approval of shareholders of the Company. The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2025 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated January 30, 2026 including amendments thereon, is enclosed as Annexure A. 6. Considered and approved draft Postal Ballot Notice for seeking consent of the Shareholders for the aforesaid appointment/re-appointments of Directors through remote electronic voting (e-voting), in accordance with Section 110 of the Companies Act, 2013 and Companies (Management and Administration) Rules, 2014. 7. Appointed M/s. P Muthukumaran and Associates, Practicing Company Secretaries as the Scrutinizer to scrutinize the Postal Ballot process in a fair and transparent manner. 8. Fixed the Cut-Off date as 03rd July 2026 for the purpose of sending Postal Ballot notice and determining the shareholders eligible to cast their votes through Postal Ballot process. The meeting commenced at 07:15 P.M. and concluded at 7:45 P.M. Kindly take the above information on record. Thanking you Yours faithfully For UCAL LIMITED S. NARAYAN COMPANY SECRETARY ANNEXURE A [Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30.01.2026] 1. Brief profile of Mr. Jayakar Krishnamurthy, (DIN: 0001898/) Chairman and Managing Director. S. Particulars I Details Name of Director Mr.Jayakar Krishnamurth: Director Identification Number 00018987 (DIN) Date of Birth / Age 30 November 1960; 65 Years Qualification M.B.A Reason for change viz. Re-appointment as Managing Director (Designated as Chairman appointment, re-appointment, and Managing Director) resignation, removal, death or otherwise; Date of appo+n€1ner++/ Re-appointment as Managing Director of the Company re-appointment/ cessation (as (Designated as Chairman and Managing Director) for a period of applicable) & term of 5 (five) years, with effect from 01“ September, 2026. appointment/re-appointment Term of re-appointment – From 01“ September, 2026 to 31=t August 2031 (both days inclusive). Brief profile Mr. Jayakar Krishnamurthy has successfully guided the Company (in case of appointment) through intense competition, ensuring sustainability and accelerating its transformation through fast, value-engineered, time-to-market products. He significantly expanded the product portfolio with a focus on throttle body solutions for the two-wheeler segment, as well as offerings for aftermarket, export, and deemed-export markets, alongside products such as oil pumps, intake throttle valves, and HC dosers for the four-wheeler and domestic aftermarket. His strategic vision has strengthened the Company’s growth trajectory, while his commitment to leadership development has fostered a strong talent pipeline and a culture of meritocracy. He has also driven the conceptualization and launch of key products including Electronic Throttle Body, Electronic Carburettors, Crank Case, and Water Outlet, while revamping the Company’s brand identity and organizational agility to meet future industry challenges, making his continued leadership a valuable asset to the Company. 8 Disclosure of relationships Mr. Jayakar Krishnamurthy is the father of Mr. Adithya Srivatsa between directors (in case of Jayakar, Deputy Managing Director. appointment of a director) 9 Information pursuant to BSE Mr. Jayakar Krishnamurthy is not debarred from holding the Circular No. LIST/COMP/14/ office of director by virtue of any SEBI order or the order of any 2018-19 dated June 20, 2018, and statutory authority. NSE Circular No. NSE/ CML/ 2018/24 dated June 20, 2018. 2. Brief profile of Mr. Ram Ramamurthy, (DIN: 06955W) Whole-time Director. S. Particulars I Details Name of Director Mr. Ram Ramamurthy Director Identification Number 06955444 (DIN) Date of Birth / Age 22-05-1948; 78 years Qualification B.E Mechanical Engjneering and MBA Reason for change viz. Re-appointment as Whole-time Director apporntrnent, re-appointment, resignation, removal, death or otherwise; 6 Date of appointIneM/ re- Re-appointment as Whole-time Director of the Company for a appointment/ cessation (no period of 2 (two) years, with effect from 4th September 2026. applicable) & term of appointment/re-appointment Term of re-appointment – From 04th September 2026 to 03'd September 2028 (both days inclusive). 7 Brief profile Mr. Ram Ramamurthy has taken an active role towards (in case of appointment) mentoring the Executive Team in various strategic initiatives and provides valuable guidance and feedback to the Management from time to time. His contribution towards the organizat [Showing first 8,000 characters — download PDF for full document]