StockWatch
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Heavy Electrical Equipment
Board Meeting7 Aug 2026, 03:37 pm

Urja Global Board Approves Q1 FY27 Results, CFO Appointment, Fund Raise

AI Summary

Urja Global Limited's Board of Directors met on August 5, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. Key decisions included the appointment of Mr. Vijay Kumar Singhal as CFO and KMP, and Dr. Anuradha Tomar as an Additional Non-Executive Independent Director. The company also announced its 34th Annual General Meeting on September 22, 2026, and plans to raise up to USD 500 Million for future growth. Additionally, the board approved the 'UGL ESOP Scheme – 2026' and re-appointments of Mr. Mohan Jagdish Agarwal as Managing Director and Mr. Yogesh Kumar Goyal as Whole-time Director, subject to shareholder approval.

Key Highlights

  • Approved unaudited financial results for Q1 FY27.
  • Appointed Vijay Kumar Singhal as CFO and KMP.
  • Plans to raise up to USD 500 Million for growth.
  • Announced 34th AGM on September 22, 2026.
  • Approved ESOP scheme and director re-appointments.