UELNSEUjaas Energy LimitedLowNeutral
Announced Fri, 13 Jun · 17:02 IST

Ujaas Energy Limited has informed the Exchange regarding Intimation as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ''.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ujaas Energy Limited has signed an agreement to sell one of its factory sheds (Shed No. 2, Sector D/2, Industrial Area, Sanwer Road, Indore) on its leased premises. The agreement was entered on June 13, 2025, with expected completion by August 12, 2025. The expected consideration is Rs. 32.48 Lakhs, though the exact amount is yet to be finalized. The company clarified that no significant business operations are carried out from this shed, so the sale will not impact ongoing operations. The disposal does not qualify as a sale of substantially the whole undertaking under Section 180(1)(a) of the Companies Act, 2013. The buyer's identity is confidential and is not related to the promoter or group companies.

Likely market impact

This is a minor, non-core asset sale with negligible impact on the company's business operations or financials. Shareholders are unlikely to see any meaningful change in the company's prospects or stock price from this disposal.