Ujaas Energy Limited (UEL) has announced an Extra-Ordinary General Meeting (EGM) to be held on Monday, December 1, 2025, at 11:30 a.m. at its Registered Office. The EGM's agenda includes several key proposals: * Increase in Authorized Share Capital: Members will consider approving an increase in the company's Authorized Share Capital from ₹45,00,00,000 (Forty-Five Crore) to ₹52,00,00,000 (Fifty-Two Crore), divided into 52,00,00,000 equity shares of ₹1 each. * Preferential Allotment: Approval is sought for the issuance of 12,75,70,000 equity shares on a preferential basis to non-promoter category individuals and entities. These shares will be issued at a price of ₹11 per share (including a premium of ₹10), aiming to raise a total consideration of ₹140,32,70,000 (₹140.33 crore). * Conversion of RA Loan: The EGM will also note the issuance and allotment of 24,00,00,000 equity shares of ₹1 each, aggregating to ₹24,00,00,000 (₹24 crore), to SVA Family Welfare Trust (Promoter) against the conversion of a Resolution Applicant (RA) Loan. This allotment is conditional upon the successful completion of the non-promoter preferential issue to ensure compliance with Minimum Public Shareholding (MPS) requirements. The remote e-voting period for the EGM will commence from 9:00 a.m. (IST) on Friday, November 28, 2025, and conclude at 5:00 p.m. (IST) on Sunday, November 30, 2025. The cut-off date for determining eligible members for voting is Friday, October 31, 2025. Crisil Ratings Limited has been appointed as the Monitoring Agency to oversee the use of proceeds from the preferential issue, as the amount exceeds ₹100 crore.
