Ujaas Energy Limited shareholders authorized the board to borrow up to ₹1,000 crore at the 27th Annual General Meeting (AGM) held on July 14, 2026. The resolution, passed under Section 180(1)(c) of the Companies Act, 2013, received 100% approval from votes polled. The meeting also approved the audited standalone financial statements for the financial year ended March 31, 2026.

The business transacted included the re-appointment of Mr. Vikalp Mundra as a director, who retires by rotation, and the appointment of Mrs. Geeta Mundra as a Non-Executive Director (Non-Independent) and Chairman of the company. Shareholders also sanctioned providing loans, guarantees, and security under Section 185 and making investments under Section 186 of the Companies Act, 2013.

Mr. Ashish Karodia, Practicing Company Secretary, served as the Scrutinizer for the remote e-voting and poll process. The remote e-voting facility was available from July 11, 2026, to July 13, 2026. The detailed voting results were submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolutions Passed

Ujaas Energy Limited has scheduled its 27th Annual General Meeting (AGM) for July 14, 2026, at its Registered Office in Indore. The meeting seeks shareholder approval to borrow funds up to ₹1,000 crore and appoint Mrs. Geeta Mundra as Non-Executive Director (Non-Independent) and Chairman. Shareholders holding shares as of July 7, 2026, are eligible to participate in the remote e-voting process managed by Central Depository Services (India) Limited (CDSL).

The Board, meeting on June 22, 2026, recommended the re-appointment of Mr. Vikalp Mundra (DIN: 00113145), who retires by rotation and is eligible for re-appointment. The board also approved the draft Board's Report, Corporate Governance Report, and Secretarial Audit Report for the financial year ended March 31, 2026. Mr. Ashish Karodia (CP: 6375) was appointed as the Scrutinizer for the e-voting process.

Key Resolutions

Shareholders will vote on resolutions to approve loans, guarantees, and investments under Sections 185 and 186 of the Companies Act, 2013, with aggregate limits not exceeding ₹25 crore. The company seeks authorization to borrow up to ₹1,000 crore, exceeding the paid-up share capital and free reserves, and to pledge assets to secure these borrowings.

E-Voting and Meeting Schedule

Remote e-voting commences on July 11, 2026, at 9:00 A.M. (IST) and concludes on July 13, 2026, at 5:00 P.M. (IST). The Register of Members and Share Transfer Books will remain closed from July 8, 2026, to July 14, 2026.