Ujaas Energy Limited has informed the Exchange about Outcome of board meeting held on 26.08.2025.
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Ujaas Energy's Board, meeting on 26 August 2025, approved a bonus share issue in the ratio of 2:1 (2 new equity shares of Re. 1 each for every 1 existing share). Promoters will not participate in this bonus issue. Approximately 2.22 crore new shares will be issued, taking the total equity base from 11.11 crore to 13.34 crore shares. The bonus will be funded from share premium and free reserves, which stood at around Rs. 74.82 crore as on 31 March 2025. The Board also approved an enabling resolution to raise up to Rs. 500 crore through FPO, QIP, rights issue, or other routes, and a borrowing limit of up to Rs. 1,000 crore under Section 180(1)(C). The 26th Annual General Meeting notice was finalised, with amendments to the Memorandum and Articles of Association and reappointment of Mr. Shyam Sunder Mundra as director also approved, subject to shareholder approval.
The 2:1 bonus issue is a positive signal for existing retail shareholders as it increases share liquidity, though the share price typically adjusts downward proportionally post-record date. The Rs. 500 crore fund-raising resolution signals potential dilution or capital infusion plans ahead, which could weigh on the stock until clarity emerges. All key decisions require shareholder approval at the upcoming AGM.