Ujaas Energy has received an approval for disposal of its entire holding in its wholly own subsidiary, Ujaas Energy HK, a company registered in Hong Kong. The board of directors at its meeting held on March 29, 2017 has approved for the same.

Total volume of shares traded on the bourses today was lower by 45.30% to 1,061,742 compared with 22-day average volume of 1,941,010.

Ujaas Energy is engaged in solar power plant operation business, and manufacturing and sale of solar power system. The company's segments include Transformer, Solar Power Plant Operation, and Manufacturing & Sale of Solar Power Systems.

Shares of the company gained Rs 0.25, or 0.73%, to trade at Rs 34.65. The total volume of shares traded was 193,624 at the BSE (1.33 p.m., Thursday).