Ujaas Energy Limited — Others, 13-05-2025: Shareholders meeting

Ujaas Energy Limited has announced a board meeting to hold an adjourned EGM for approving a bonus share issue of 17 shares for every 25 held by public shareholders, excluding promoters. This move aims to meet minimum public shareholding norms and will be executed from free reserves or securities premium. Bonus shares will have equal voting rights, and foreign investor allotments depend on approvals. The board is empowered to manage fractional shares in shareholders’ favor, supporting greater public participation and potential liquidity improvement.