Ujaas Energy Board Approves 2:1 Bonus Issue for Public Shareholders

Mumbai, August 26, 2025: Ujaas Energy Ltd (BSE: 533644, NSE: UEL) announced that its Board of Directors has approved a 2:1 bonus share issue in favour of public equity shareholders, with promoters abstaining from participation.

The decision was taken at the board meeting held on August 26, 2025, where several other significant corporate resolutions were also cleared, including fundraising authorisations and governance-related amendments.

Ujaas Energy Limited, based in Indore, Madhya Pradesh, is engaged in the power generation business, with a strong presence in renewable energy. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Key Highlights of the Bonus Issue

The company’s share capital will rise from ₹11,11,32,630 pre-bonus to ₹13,33,97,814 post-bonus. The bonus ratio has been fixed at 2:1, meaning shareholders will receive two additional shares for every one share held.

A total of 2,22,65,184 new shares will be issued as part of this bonus. The bonus shares will be issued out of the company’s share premium and free reserves. As of March 31, 2025, the company had ₹7,482.33 lakh available in reserves. The implementation timeline for the bonus issue is within two months of the Board’s approval.

Note: Bonus shares will be allotted only to non-promoter equity shareholders.

Other Major Board Approvals

• Fund Raising: Authorisation for enabling resolution to raise up to ₹500 crore through FPO, ADR, GDR, QIP, Rights Issue or Preferential Allotment.
• Borrowing Powers: Approval to borrow up to ₹1,000 crore under Section 180(1)(C) of the Companies Act.
• Governance & Compliance: Draft Board’s Report, Corporate Governance Report, Management Discussion & Analysis, and BRSR for FY25 approved.
• Director Reappointment: Shyam Sunder Mundra reappointed as director liable to retire by rotation, with amended terms of appointment.
• Secretarial Audit: FY25 Secretarial Audit Report taken on record.
• AGM Preparations: Approval of notice for the 26th Annual General Meeting, fixation of book closure and e-voting dates, and appointment of Ashish Karodia as Scrutinizer.

What Does This Mean For Shareholders?

The 2:1 bonus issue enhances the participation of public shareholders by increasing their holding base, while promoters will not take part. For every 100 shares held on the record date, eligible investors will receive 200 additional fully paid shares free of cost.

REF:

https://nsearchives.nseindia.com/corporate/UEL_26082025121912_ExchangeintimationOutcomeofBM26082025.pdf

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