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Ujaas Energy gets nod to raise fund up to tune of Rs 500 crore

16 Aug 2017 Evaluate

Ujaas Energy has received an approval to issue further securities/ADR/GDR/QIP/ FPO and etc., upto a tune of Rs 500 crore, subject to approval of members in the ensuring Annual General Meeting. The Board of Directors of the company at its meeting held on August 14, 2017, has approved the same.

Ujaas Energy is engaged in solar power plant operation business, and manufacturing and sale of solar power system. The company's segments include Transformer, Solar Power Plant Operation, and Manufacturing & Sale of Solar Power Systems.

Peers
Company Name CMP
Waaree Energies 2272.00
Apar Industries 15172.30
Havells India 1005.15
Suzlon Energy 36.95
Siemens 3339.15
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