Ujaas Energy Limited (UEL) — Board Meeting(3 announcements)

Ujaas Energy Limited announced remote electronic voting facilities for its Annual General Meeting scheduled for 14 July 2026 at 04:15 P.M. at its registered office in Indore, enabling shareholders to vote electronically through Central Depository Services (India) Limited with voting open from 11 July 9:00 A.M. to 13 July 5:00 P.M.

Ujaas Energy Limited announced the outcome of its 22 June 2026 board meeting, approving the reappointment of Mr. Vikalp Mundra (DIN: 00113145) as a director liable to retire by rotation, subject to shareholder approval at the upcoming AGM, and the appointment of his wife, Mrs. Geeta Mundra (DIN: 00113261), as a Non-Executive Director and Chairman, also pending shareholder ratification. The board additionally approved enabling resolutions for up to Rs. 1,000 Crores in borrowings under Section 180(1)(C) of the Companies Act, 2013, and related loan/guarantee permissions under Sections 185 and 186, all contingent on shareholder endorsement at the AGM. extractedFields: { "keyEvent": "Board approves reappointment of Mr. Vikalp Mundra and appointment of Mrs. Geeta Mundra as Chairman pending shareholder approval at AGM", "whatChanged": "Reappointment of Mr. Vikalp Mundra and appointment of Mrs. Geeta Mundra as Chairman; enabling resolutions for up to Rs. 1,000 Crores borrowing", "forwardGuidance": "All appointments and borrowings require shareholder approval at the ensuing Annual General Meeting", "investorTakeaway": "Shareholder votes will determine leadership continuity and access to capital up to Rs. 1,000 Crores" } sentiment: neutral

Ujaas Energy Limited announced the outcome of its 22 June 2026 board meeting, approving key governance and financing measures including the reappointment of Mr. Vikalp Mundra, appointment of Mrs. Geeta Mundra as Chairman, enabling resolutions for up to ₹1,000 crores of borrowing, and advance loan guarantees under Section 185. The board also finalized AGM details, secretarial appointments, and certified governance reports. These actions formalize leadership continuity and expand capital access pending shareholder approval at the upcoming AGM.