Ujaas Energy announces bonus shares, plans to raise up to ₹1,500 crore

Ujaas Energy Limited's Board of Directors, in a meeting on August 26, 2025, approved a bonus issue of two new fully paid-up equity shares of Re. 1 each for every one existing fully paid-up equity share of Re. 1 held. This will result in the issuance of approximately 22.27 million bonus shares, increasing the pre-bonus equity share capital of 111.13 million to a post-bonus share capital of 133.40 million. The bonus issue, requiring ₹2.23 crore from free reserves and share premium, will utilize available reserves and surplus of ₹74.82 crore as of March 31, 2025.

The board also approved significant fundraising plans, including an enabling resolution to raise up to ₹500 crore through various methods such as FPO/ADR/GDR/QIP/Right Issue/Preferential Issue. Additionally, an enabling resolution was passed to borrow funds up to ₹1,000 crore. These initiatives are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Other key approvals included amendments to the main object and liability clauses of the Memorandum of Association, alteration of the Articles of Association, and the reappointment of Shyam Sunder Mundra as a director. The company also took on record its Secretarial Audit Report for the financial year ended March 31, 2025.