Free Shares in Solar Company? Here is What We Know

Ujaas Energy Ltd has once again announced a bonus share issue for its investors this year. The company’s Board of Directors has approved issuing two new shares for every one existing share (2:1 ratio), subject to shareholder approval in the upcoming AGM.

This move will increase the company’s total equity shares from 11.11 crore to 13.33 crore, funded through its reserves. Earlier in May 2025, Ujaas had already rewarded shareholders with a 17:25 bonus issue.

Founded in 1999, Ujaas Energy is a leading solar power solutions provider under the “UJAAS” brand. The company develops and maintains solar power plants, offers EPC, solar park, and rooftop solutions, manufactures transformers, and has also entered the electric two-wheeler market with its E-Spa brand.

The stock has been a massive wealth creator, rising 35,000% in just two years, and is currently up 62% from its 52-week low. 

With a market capitalization of over ₹3,800 crore and a strong profit growth of 42.9% CAGR in the last five years, Ujaas continues to shine as one of the top-performing solar stocks in India.

Source

https://www.dsij.in/dsijarticledetail/2-free-shares-for-1-share-held-solar-company-announce-bonus-shares-once-again-this-year-id001-51997