Ujaas Energy Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Ujaas Energy's board has approved its financial results for the quarter ended June 30, 2025. Key decisions include dissolving the NCLT-formed Implementation & Management Committee (subject to NCLT approval) and expanding the powers of the Board's Management Committee. The expanded scope allows the committee to borrow/lend funds, enter JVs, and manage day-to-day operations. Auditors highlighted discrepancies with Axis Bank: around Rs 0.07 Cr in accrued interest income not credited, and an outstanding balance of Rs 7.36 Cr despite an NCLT-approved settlement plan.