Solar Power Company Declares Bonus Shares For The 2nd Time In 2025; This Time In A 2:1 Ratio After 17:25 Issue

Ujaas Energy Limited is the first company to generate & sell Solar REC in the country. The Board of Directors have declared bonus shares for the 2nd time in 2025 during a meeting held on 26th August. Earlier in the year, on Saturday, April 19, 2025, the Board of Directors discussed, authorized, and recommended issuing bonus shares in a 17:25 ratio, with the record date set for May 30, 2025.

Ujaas Energy Upcoming Bonus Issue

The Board of Directors of the company at its meeting held on 26th August, 2025 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 2:1 i.e., 2 (Two) new fully paid-up Equity Shares of Re. 1/- (Rupee One only) each for every 1 (One) 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," said Ujaas Energy in a regulatory filing.

A 2:1 bonus issue has been announced by the corporation, which means that for every equity share held, shareholders will get two fully paid-up equity shares of Re. 1 apiece. About 2,22,65,184 equity shares, valued at Rs 7,482.33 lakh as of March 31, 2025, would be issued from the Share Premium Account and Free Reserves in order to carry out this corporate action. The company's share capital would rise from Rs 11,11,32,630 to Rs 13,33,97,814 following this bonus issue.

The reserves required for the issue amount to Rs 2,22,65,184, and the figures have been audited. The bonus shares are expected to be credited or dispatched within two months from the date of board approval as per Ujaas Energy.

The record date for the above said bonus shares will be declared in due course of time.

The Board of Directors confirm with reference to the issue of bonus shares that:

• The equity shares so issued shall upon allotment have the same rights of voting as the existing equity shares and be treated for all other purposes Pari passu with the existing equity shares of the company.
• The bonus shares have not been issued in lieu of dividend or out of reserves created by the revaluation of assets.
• The Company is authorized by the Article to issue bonus shares, as being proposed in the resolution.
• There is no default in repayment of deposit, interest payment thereon to any financial institution or banks.
• The company has not defaulted in payment of statutory dues of employees such as contribution to PF, gratuity and bonus.

Ujaas Energy Financials

Ujaas Energy's net profit plummeted 34.82% to Rs 2.49 crore in the June 2025 quarter from Rs 3.82 crore in the June 2024 quarter. Compared to the year-ago quarter, which ended in June 2024, when sales were Rs 6.29 crore, they fell 57.87% to Rs 2.65 crore in the quarter that ended in June 2025.

Ujaas Energy Target Price

"Ujaas Energy stock price is slightly bullish on the Daily charts with strong support at 331. A Daily close above resistance of 371 could lead to a target of 410 in the near term," commented A R Ramachandran, independent research analyst.

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