Ujaas Energy Limited has informed the Exchange with copy of minutes of Extraordinary General Meeting held on May 20, 2025
UEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ujaas Energy Limited held its 1st Extra Ordinary General Meeting (EGM) on May 20, 2025, at its registered office in Indore, from 2:30 PM to 3:00 PM. The meeting was originally scheduled for May 13, 2025, but was adjourned due to lack of quorum and reconvened on May 20, 2025. A total of 11 members (including proxies) attended. The only resolution placed before the meeting was an Ordinary Resolution to approve the issue of bonus shares. E-voting was conducted from May 10 to May 12, 2025, and additional ballot voting was held at the meeting. Mr. Ashish Karodia was appointed as Scrutinizer.
The EGM addressed a proposal to issue bonus shares, which is generally viewed positively by retail investors as it increases share liquidity and signals management confidence. However, the actual voting results are pending and will be declared within two working days after receiving the Scrutinizer's report, so shareholders should wait for the final outcome before reacting.