Ujaas Energy to boost capital, approve preferential share issues

Ujaas Energy Limited's board of directors, at a meeting on November 3, 2025, approved an increase in the company's authorized share capital from ₹45,00,00,000 to ₹52,00,00,000, divided into 52,00,00,000 equity shares of ₹1/- each, pending shareholder approval. This move aims to strengthen the company's financial structure and facilitate future growth initiatives.

The board also approved a preferential issue of 12,75,70,000 equity shares of ₹1/- each to non-promoter "Proposed Investors" at a price of ₹11/- per share (including a premium of ₹10/-), totaling ₹140,32,70,000. Additionally, an issue of up to 24,00,00,000 equity shares of ₹1/- each was approved for SVA Family Welfare Trust, the resolution applicant, against a convertible RA loan as per the approved resolution plan. This latter allotment is critical for maintaining minimum public shareholding requirements. Both preferential issues are subject to shareholder and regulatory approvals.

Further details concerning the issuance to non-promoters list 81 proposed allottees, including F3 Advisors Private Limited, Sahastraa Advisors Private Limited, and Dealmoney Commodities Pvt Ltd, each receiving significant allotments. The company also confirmed the approval of the Extra-Ordinary General Meeting (EOGM) details and the appointment of Mr. Ashish Karodia as scrutinizer for the e-voting and poll process.