Ujaas Energy Ignites Investor Interest with ₹140 Crore Fundraise and Capital Expansion

Updated: November 03, 2025 23:39

Image Source: Ujaas Energy

Ujaas Energy's board approves an increase in authorized share capital to ₹52 crore and a preferential equity share issue worth ₹140 crore to non-promoter investors. An additional issuance of up to 24 crore shares to SVA Family Welfare Trust is also approved, all aimed at enhancing financial strength and complying with regulatory norms.

The Board of Directors of Ujaas Energy Ltd, in a marathon meeting held on November 3, 2025, approved several pivotal financial and corporate actions aimed at strengthening the company’s capital structure and financing future growth.

Capital Expansion Approved

The board sanctioned an increase in the company's authorized share capital from ₹45 crore to ₹52 crore, translating into an increase of 7 crore equity shares with a face value of ₹1 each. This approval is conditional upon shareholder consent at the forthcoming General Meeting, marking a strategic move to facilitate larger equity issuances.

Preferential Equity Issue to Attract Investment

A preferential allotment of 12.75 crore equity shares priced at ₹11 per share (including ₹10 premium) was approved, targeting non-promoter investors to raise up to ₹140.33 crore. The pricing complies with SEBI ICDR regulations, and the allotment awaits shareholder approval at the Extra-Ordinary General Meeting (EOGM), along with meeting minimum subscription and other regulatory approvals. This capital infusion is designed to add fresh equity funding, supporting the company's growth and operational expansion.

Equity Shares Issuance to SVA Family Welfare Trust

In a crucial step for regulatory compliance, the board also approved the issue of up to 24 crore equity shares to the SVA Family Welfare Trust, the Resolution Applicant, as part of a resolution plan. This move ensures the company maintains the mandatory Minimum Public Shareholding (MPS) in alignment with stock exchange requirements.

Additional Corporate Governance Measures

The Board noted the valuation report from the Registered Valuer pertaining to the preferential issue, approved the date and venue for the EOGM, sanctioned the EOGM draft notice, and appointed Mr. Ashish Karodia as the Scrutinizer for overseeing fair e-voting and polling procedures at the EOGM.

These approvals underscore Ujaas Energy’s commitment to strengthen its financial base and ensure regulatory adherence while attracting strategic investors to aid its expansion plans.

Key Highlights:

Authorized share capital hike from ₹45 crore to ₹52 crore proposed, subject to shareholder nod.
Preferential issue of 12.75 crore shares priced at ₹11 including premium to raise ₹140.33 crore.
Equity shares up to 24 crore to be allotted to SVA Family Welfare Trust to safeguard Minimum Public Shareholding norms.
Allotment and financial terms aligned with SEBI ICDR Regulations and pending shareholder approvals.
Board approval of EOGM arrangements and appointment of a Scrutinizer for transparent voting.
Valuation report for preferential issue acknowledged by the Board.

Source: Ujaas Energy Ltd official announcement on November 3, 2025

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