Ujaas Energy Limited approves 1:4 bonus issue

The Board of Directors of Ujaas Energy Limited at its meeting held today the 15th July, 2024 (commenced at 04:30 P.M. and concluded at 5:30 P.M.) have, considered and approved the Issue of Bonus Shares, to public equity shareholders (i.e. the promoters are not participating in this issue) of the Company in the ratio of 1:4 i.e., 1 (one) new fully paid-up Equity Shares of Re. 1/- (Rupee One only) each for every 4 (four) existing fully paid-up Equity Share of Re. 1/- (Rupee One only) each held by the eligible shareholders as on the Record Date subject to the approval of the shareholders of the Company in the ensuing Annual General Meeting.

Source : Equity Bulls

Keywords

UjaasEnergy BonusIssue 1For4