Ujaas Energy Limited has informed the Exchange about issue of Securities
UEL · price
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Awaiting price reaction for this filing.
Ujaas Energy's board, at a meeting on November 3, 2025, approved raising authorized share capital from ₹45 crore to ₹52 crore. It cleared a preferential allotment of 12.75 crore equity shares at ₹11 each (including a ₹10 premium) to 81 non-promoter investors, mobilising around ₹140.33 crore in cash. Separately, the board approved issuing up to 24 crore equity shares at face value (₹1 each) to SVA Family Welfare Trust — the Resolution Applicant — by converting an RA loan, aimed at meeting Minimum Public Shareholding norms under the approved resolution plan. Both issuances are subject to shareholder approval at an upcoming Extra-Ordinary General Meeting (EOGM) and other regulatory clearances.
Existing shareholders face heavy dilution — together the preferential issue and RA loan conversion could create up to 36.75 crore new shares against the current capital base. While the ₹140 crore cash infusion may strengthen the balance sheet, the move signals the company is still completing its resolution plan recovery rather than operating from a position of strength, which is likely to weigh on the stock in the near term.