Ujaas Energy Limited — Important, 12-08-2025: General Updates

Company's board approved financial results for the quarter. A key operational change is the proposed dissolution of the Implementation and Management Committee, indicating the resolution plan is winding down. The scope of the Board's Management Committee is also being expanded. Auditors highlighted discrepancies: Rs. 0.0067 Cr in accrued interest from Axis Bank is uncredited. More significantly, Axis Bank's records still show Rs. 7.36 Cr in outstanding borrowings, despite the NCLT-approved resolution plan settling these dues, causing a notable difference in the company's books.