Ujaas Energy Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on May 20, 2025
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Ujaas Energy Limited held its 1st Extraordinary General Meeting on May 20, 2025, after the original May 13 meeting was adjourned due to lack of quorum. The single resolution on the agenda — approval of issue of bonus shares — was passed with 100% votes in favour. A total of 10,62,51,852 shares were polled, representing 100% of the shares that voted, with zero votes against or invalid. Promoters (10,00,00,038 shares) and public non-institutional shareholders (62,51,814 shares) both voted unanimously in favour; no institutional shareholders participated. Out of 52,774 total shareholders on record, only 11 attended the meeting in person.
Bonus shares typically increase the number of outstanding shares proportionally while keeping the company's overall market value the same. Shareholders will receive additional shares based on the bonus ratio that will be announced separately, which generally improves liquidity and makes shares more affordable for retail investors.