Skip to main content

MoneyWorks4Me

Ujaas Energy receives approval to raise up to Rs 500 crore

14 Aug 2018 Evaluate

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.


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