India, Aug. 26 -- Ujaas Energy Ltd on Tuesday announced that its board has approved a bonus share issue in the ratio of 2:1, allotting over 2.22 crore shares to eligible shareholders.

As per the regulatory filing, the bonus shares will be issued only to public equity shareholders, with promoters opting out of the issue. This means investors will receive two fully paid-up equity shares (face value ?1 each) for every one share held on the record date.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....