Ujaas Energy Limited — Others, 26-08-2025: Shareholders meeting

Ujaas Energy's upcoming AGM includes crucial resolutions. The company plans a 2:1 bonus share issue for public shareholders to meet minimum public shareholding norms, capitalizing approximately 2.23 Cr. Members will vote on significant fundraising initiatives: up to 500 Cr via various securities and borrowing up to 1,000 Cr for business growth. Strategic moves involve expanding its Memorandum of Association to include captive power generation from renewable sources and EV manufacturing, aiming for energy self-sufficiency and aligning with sustainable practices. Shareholder approval is also sought for related party transactions and inter-company loans up to 25 Cr.