Ujaas energy Limited has scheduled a Board of Directors meeting for January 20, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The announcement comes as part of the company's regulatory compliance obligations under SEBI guidelines.

Board Meeting Details

The board meeting is scheduled to commence at 2:30 PM on Tuesday, January 20, 2026, at the company's registered office. The meeting will be held at Survey No. 211/1, opposite Sector-C & Metalman, Sanwer Road, Industrial Area, Indore, Madhya Pradesh.

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, Ujaas Energy has implemented a trading window closure. The trading window, which began closing from January 1, will remain shut until 48 hours after the declaration of the unaudited financial results for Q3FY26.

This measure ensures compliance with insider trading regulations and maintains market integrity during the period leading up to and immediately following the financial results announcement.

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated this information to both major stock exchanges where its shares are listed.

The announcement was signed by Sarvesh Diwan, Company Secretary & Compliance Officer, ensuring proper authorization and compliance with corporate governance requirements. This notification serves as the company's formal compliance with SEBI regulations, SEBI guidelines, and applicable corporate laws.

Ujaas Energy has provided detailed clarifications regarding its ₹140.33 crore preferential allotment of equity shares, following observations raised by NSE. The company has updated its fund utilization plan with specific allocations for green energy initiatives and operational requirements.

Preferential Issue Overview

The company's preferential allotment involves issuing 12.75 crore equity shares to non-promoters at ₹11.01 per share, raising a total of ₹140.33 crores. This strategic capital-raising initiative aims to strengthen the company's financial position for future growth and expansion.

Detailed Fund Utilization Plan

The company has provided a comprehensive breakdown of how the raised funds will be utilized across different business segments:

Green Energy Focus

A significant portion of ₹25 crores will be allocated for capital expenditure towards establishing facilities for green elements production, including copper, aluminum, hydrogen, and their derivatives. The funds will also support acquisition and construction of solar power plants, aligning with the company's sustainable energy initiatives.

Regulatory Compliance

The allotment is subject to receiving in-principle approval from stock exchanges and shareholder approval with requisite majority. The company has indicated a deviation tolerance of ±10% in fund allocation across specified objects, subject to applicable laws and regulatory compliance.

Until funds are utilized for designated purposes, they will be deposited in bank fixed deposits or invested in debt mutual funds, ensuring optimal capital management during the interim period.