Ujaas Energy 5% up as board recommends 17:25 bonus issue

Ujaas Energy, a renewable energy firm focused on solar power, solar products, and sustainable solutions across India, hit a 5% upper circuit at ₹473.20 per share. The surge followed the board's recommendation of a 17:25 bonus issue, granting 17 fully paid-up equity shares of ₹1 each for every 25 shares held on the record date.