Ujaas Energy Limited

Ujaas Energy Limited

Ujaas Energy Limited announced its 27th Annual General Meeting (AGM) to be held on July 14, 2026. The agenda includes the adoption of audited financial statements for FY2026 and the re-appointment of Mr. Vikalp Mundra as a director. Additionally, Mrs. Geeta Mundra, who was an Additional Director, is proposed to be appointed as a Non-Executive Director and Chairman. A special resolution also seeks shareholder approval for the Board's power to advance loans, give guarantees, or provide security under Section 185 of the Companies Act, 2013, to any entity.

Ujaas Energy Limited

Ujaas Energy Limited's Board approved the reappointment of Mr. Vikalp Mundra and the appointment/regularization of Mrs. Geeta Mundra as a Non-Executive, Non-Independent Director, who will also serve as the Chairman of the Company. The Board also approved enabling resolutions to borrow funds up to Rs. 1,000 Crores and to make investments/extend loans/guarantees under sections 185 and 186 of the Companies Act, 2013, all subject to shareholder approval at the ensuing Annual General Meeting.

Ujaas Energy Limited

Ujaas Energy Limited's Board has approved the appointment of Mrs. Geeta Mundra as a Non-Executive Director and Chairman, along with the reappointment of Mr. Vikalp Mundra. Significantly, the Board also approved an enabling resolution to borrow funds up to Rs. 1,000 Crores and authorized advancing loans, giving guarantees, or providing security under Sections 185 and 186 of the Companies Act, 2013. All these key decisions are subject to shareholder approval at the upcoming Annual General Meeting.