Board of directors of Ujaas Energy Limited in its meeting held today i.e. Friday, May 03, 2024, has approved Friday, May 17, 2024 as the Record Date for the purpose of implementing the above-mentioned demerger of the business of Ujaas Energy Limited in accordance with the Resolution Plan. Kindly note that those shareholders who hold the shares of Ujaas Energy Limited as on the said Record Date will be allotted the shares of the Resulting Company No.1 and 2. In continuation of our earlier communication dated 03.05.2024, informing the fixation of record date of Friday 17.05.2024, as record date for the purpose of de merger of the business of Ujaas Energy limited, we would like to inform you that the record date has been revised to Wednesday, 22.05.2024. (As Per BSE Announcement dated on 16.05.2024) Trading Members of the Exchange are hereby informed that, pursuant to the Resolution Plan/ Scheme of Arrangement as approved by the Hon'ble National Company Law Tribunal, INDORE Bench, UJAAS ENERGY LIMITED, has fixed Record Date for the purpose of Demerger and for determining the entitlement of the shareholders of the Company, as per details given below: - COMPANY NAME CODE UJAAS ENERGY LIMITED (533644) RECORD DATE 22/05/2024 PURPOSE As per Resolution Plan/Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, INDORE Bench, inter alia, between, UJAAS ENERGY LIMITED, (Demerged Company) and SVA Family Welfare Trust and M&B Switchgears (Resulting Companies) and their Respective Shareholders and Creditors; The Scheme of Arrangement proposes the Demerger of (1) Transformer Business (Demerged Undertaking 1) and (2) Power Trading and Advisory business (Demerged Undertaking 2) of the Company to SVA Family Welfare Trust (Resulting Company 1) and M&B Switchgears (Resulting Company 2) ; In consideration for the Demerger, the Resulting Company 1 and Resulting Company 2 shall issue Equity Shares to the Shareholders of UJAAS Energy Limited in the following proportion:- 'Each Member of Ujaas Energy Limited holding One (1) Equity Share in Ujaas Energy Limited on the Record Date shall in respect of every One (1) fully paid equity share of Re.1/- each held by him/her in Ujaas Energy Limited be entitled as of right to claim and receive from Resulting Company 1 and Resulting Company 2, an allotment of One (1) Equity Share of Re.1/- each credited as fully paid-up from the general reserves that are transferred from Ujaas Energy Limited to Resulting Company 1 and Resulting Company 2' EX-ENTITLEMENT FROM DATE & SETT. NO. 22/05/2024 DR-636/2024-2025 (As Per BSE Notice Dated on 21.05.2024) Incorporation of resulting companies pursuant to demerger of Ujaas Energy Limited as per the approved resolution plan. (As per BSE Announcement Dated on 25/07/2024)