Universal Autofoundry Limited announced that at the board meeting held on May 30, 2023, the company approved the Resignation of Mr. Monil Arya as Non- Executive Independent Director of the Company with effect from May 29, 2023(date of receiving resignation letter by company). Acceptance of Resignation of Mr. Vimal Kumar Bordia as Non- Executive Independent Director of the Company with effect from May 29, 2023 (date of receiving resignation letter by company). Approved the appointment of Mr. Akhil Jain as Additional Non-Executive Independent Director with effect from May 30, 2023.