Ujaas Energy has received approval to raise funds up to Rs 500 crore through issue of further securities/ American depositary receipt (ADR)/ Global Depositary Receipt (GDR)/ Qualified Institutional Placement (QIP), etc. The Board of Directors of the company at their meeting held on August 13, 2018, 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.
