UELNSEUjaas Energy LimitedHighPositive
Announced Sat, 19 Apr · 18:13 IST

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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Ujaas Energy Limited, at a meeting held on April 19, 2025, approved a bonus issue of equity shares in the ratio of 17:25. This means shareholders will receive 17 bonus shares for every 25 shares they currently hold. While this expands the total share count and proportionally lowers the per-share price, it does not change the overall value of a shareholder's holding. The record date and other timelines for the bonus allotment are yet to be announced.

Likely market impact

The bonus is below the 1:1 threshold, so it is a moderate capital reward rather than an exceptional one. Share price will likely adjust downward on the ex-date to reflect the higher share count, leaving total holding value largely unchanged for existing investors.