Ujaas Energy EOGM approves capital increase, preferential share issuance

Ujaas Energy Limited (UEL) held an Extra Ordinary General Meeting (EOGM) on Monday, December 1, 2025, at its registered office in Indore. The meeting, presided over by chairman Shyamsunder Mundra and attended by 33 members, discussed critical resolutions to increase authorized share capital and approve equity share issuance.

Key resolutions included increasing the company's authorized share capital and altering the memorandum of association's capital clause. A special resolution was passed for the issuance of 12,75,70,000 equity shares on a preferential basis to non-promoter categories.

Additionally, the EOGM noted the issuance and allotment of equity shares following the conversion of a resolution applicant loan, which was presented for shareholder information. E-voting for these resolutions was open from November 28, 2025, to November 30, 2025.