Urja Global Limited
Incorporated in 1992, Urja Global Ltd. is a leading Renewable Energy developer and operator. The Co. is engaged in the installation, commissioning & maintenance of off-grid and grid-connected Solar Power Plants and decentralized Solar Applications and trading of solar products & Lead Acid Batteries. It is an approved Channel Partner of the Ministry of New and Renewable Energy (MNRE), Govt. of India
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URJA plans to set up a wholly-owned foreign subsidiary, Urja Resources Limited, in London, UK. This entity will focus on renewable and green energy solutions, including EVs, charging infrastructure, and solar panels. No immediate financial impact is expected.
URJA GLOBAL appointed Mr. Manoj Aggarwal as Deputy Company Secretary. The company plans to regularize his appointment as Company Secretary and Compliance Officer at an upcoming board meeting.
URJA GLOBAL's subsidiary won an income tax appeal, deleting a ₹42.90 Cr tax addition concerning alleged excess share premium. The company stated no material impact on financials or operations.
Urja Global's Board has reconstituted its Audit Committee. Mr. Mukul Jain is the new Chairperson, joined by Mr. Gopalsetty Prasad Rao, Mr. Mohan Jagdish Agarwal, and Mrs. Saumya Srivastava as members. This enhances corporate governance.
Urja Global will hold its 33rd Annual General Meeting virtually. The Annual Report for FY2024-25 is now available online. Physical shareholders must update KYC, PAN, and nomination details to ensure dividend eligibility.