Ujaas Energy Limited has informed the Exchange that the Board of Directors at its meeting held on April 19, 2025, have considered and approved bonus at the ratio of 17 : 25, i.e 17 Equity Shares for every 25 Equity Shares held.
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Ujaas Energy Limited has announced that its Board of Directors, at a meeting held on April 19, 2025, approved a bonus issue of equity shares. Under the proposal, shareholders will receive 17 new equity shares for every 25 equity shares they currently hold. The ratio translates to a bonus of 0.68 shares for every 1 share held, expanding the total share count by about 68%. The record date and other timelines are yet to be disclosed. This move rewards existing shareholders by increasing their shareholding without any additional cost.
Bonus issues typically increase liquidity and make the stock more affordable, but they do not change the overall value of a shareholder's holding. Short-term price adjustment is expected on the ex-bonus date.