
Urja Global Board Approves Q1 FY27 Unaudited Results, Fundraise
Urja Global Limited's Board of Directors met on August 5, 2026, approving the unaudited financial results for Q1 FY27 (standalone and consolidated) along with the limited review report. The board also approved the appointment of Mr. Vijay Kumar Singhal as CFO and KMP, and Dr. Anuradha Tomar as an Additional Non-Executive Independent Director. Key decisions include scheduling the 34th AGM for September 22, 2026, re-appointing Mr. Mohan Jagdish Agarwal as MD and Mr. Yogesh Kumar Goyal as Whole-time Director, and proposing the continuation of Dr. Gopalsetty Prasad Rao as an Independent Director. A significant proposal is to raise up to USD 500 Million through various securities for future growth. Additionally, the board approved the 'Urja For All' ESOP Scheme 2026, including a pool of 56,00,000 options, and its extension to subsidiary employees.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Approved appointment of new CFO and an Additional Non-Executive Independent Director.
- Scheduled 34th Annual General Meeting for September 22, 2026.
- Proposed to raise up to USD 500 Million for future growth and funding.
- Approved the 'Urja For All' ESOP Scheme 2026 with a pool of 5.6 million options.
Price Impact
More from URJA