Ujaas Energy Limited has informed the Exchange about Submission of Scrutinizer s Report and Voting Result under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Ujaas Energy Limited held its 1st Extra Ordinary General Meeting (EGM) on 20 May 2025 from 2:30 PM to 3:00 PM at its registered office in Indore. The meeting was originally convened on 13 May 2025 but was adjourned to the same day and time the following week due to lack of quorum. The single resolution on the agenda was an Ordinary Resolution to approve the issue of bonus shares. Out of 52,774 shareholders on the record date (6 May 2025), all 11 who attended in person plus those who voted via remote e-voting (CDSL platform) cast their votes. The resolution was passed with 100% approval: 106,251,852 shares voted in favour and zero against. Promoter group voted 100,000,038 shares in favour, while public non-institutions voted 6,251,814 shares in favour.
Shareholders have unanimously approved the bonus share issue, clearing the way for the company to proceed with the allotment. This is generally seen as a positive development for retail investors, as bonus shares boost liquidity and signal management's confidence in the business, though the actual record date and ratio are yet to be announced separately.