UELNSEUjaas Energy Limited· PowerHighPositive
Announced Mon, 2 Jun, 2025 · 11:34 IST

Ujaas Energy Limited has informed the Exchange regarding allotment of Equity Shares pursuant to Bonus Issue.

UEL · price

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AI summary

Ujaas Energy Limited has allotted 45,06,049 bonus equity shares of ₹1 each in a 17:25 ratio (17 bonus shares for every 25 existing shares held). The record date for the bonus issue was May 30, 2025. As a result, the company's paid-up share capital has increased from 10,66,26,581 shares (₹10.66 crore) to 11,11,32,630 shares (₹11.11 crore). The bonus shares will rank equally with the existing equity shares in all respects. The allotment was approved at the board meeting held on June 02, 2025.

Likely market impact

Shareholders will receive 17 additional shares for every 25 they already own, increasing their share count by about 68%. While the total value of holdings remains unchanged immediately after allotment, the share price will adjust downward proportionally. The expanded share base may improve liquidity in the stock.