New Delhi, April 18 -- Shares of Ujaas Energy Ltd, a small-cap multibagger stock, continued to remain in the spotlight after the company informed the exchanges that its Board of Directors will meet on Saturday, April 19, 2025, to consider issuing bonus shares. The proposed move aims to help the company comply with Minimum Public Shareholding (MPS) norms as mandated by the Securities and Exchange Board of India (SEBI).

In an exchange filing, Ujaas Energy stated that its board will consider issuing bonus shares specifically to public shareholders in order to meet the MPS requirement under Rules 19(2)(b) and 19A of the Securities Contracts (Regulation) Rules (SCRR) and Regulation 38 of SEBI's Listing Obligations and Disclosure Requirements ...