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Ujaas Energy LimitedDividend/Bonus, 19-04-2025: Bonus

19-04-2025 | 05:27 pm

Ujaas Energy Limited's Board of Directors has approved a bonus issue in the ratio of 17:25, granting 17 new equity shares for every 25 existing shares held by public shareholders (excluding promoters). Approximately 45,06,049 equity shares will be issued from reserves available as of December 31, 2024. The bonus shares are expected to be credited within two months, pending shareholder approval at the upcoming Extra-Ordinary General Meeting. This initiative aims to enhance compliance with minimum public shareholding requirements, likely improving liquidity and market perception among investors.

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