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Ujaas Energy Limited ( (IN:UEL) ) has issued an update.
Ujaas Energy Limited has announced a significant decision from its board meeting held on November 3, 2025, to increase its authorized share capital from ₹45 crore to ₹52 crore. Additionally, the company plans a preferential issue of 12.75 crore equity shares to non-promoter investors at a price of ₹11 per share, subject to shareholder and regulatory approvals. This move aims to raise approximately ₹140.33 crore, enhancing the company’s capital structure and potentially strengthening its market position. Furthermore, the board approved issuing up to 24 crore equity shares to SVA Family Welfare Trust to maintain minimum public shareholding requirements, contingent on the successful completion of the preferential allotment.
More about Ujaas Energy Limited
Ujaas Energy Limited operates in the renewable energy sector, focusing primarily on the production and distribution of solar energy solutions. The company is known for its solar power projects and aims to contribute to sustainable energy development.
Average Trading Volume: 3,034
Technical Sentiment Signal: Buy
Current Market Cap: 16.01B INR
Find detailed analytics on UEL stock on TipRanks’ Stock Analysis page.