Ujaas Energy Limited — Others, 21-04-2025: Shareholders meeting
21-04-2025 | 03:21 pm
21-04-2025 | 03:21 pm
Ujaas Energy Limited has announced a board meeting on May 13, 2025, to approve the issuance of bonus shares aimed at complying with the minimum public shareholding requirement. The bonus shares will be distributed at a ratio of 17 new shares for every 25 existing shares, using reserves of up to ₹45.06 lakh (4.5 Cr). This strategic move is designed to enhance shareholder value and improve liquidity in the stock. Investors may view this as a positive outlook due to the company's effort to strengthen its capital structure, though they should be mindful of potential market reactions.
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