Jhaveri Credits & Capital Ltd — Important, 29-06-2026: Company Update

Jhaveri Credits and Capital Limited's Board approved the allotment of 16,16,088 new equity shares, each with a face value of Rs. 10. These shares are being issued to shareholders of U R Energy Private Limited as part of their amalgamation with Jhaveri Credits and Capital Limited. This move follows an NCLT-approved scheme, using a share exchange ratio of 253:500. Consequently, the company's paid-up share capital has increased from Rs. 9.49 Cr to Rs. 11.10 Cr. These new shares are slated for listing and trading on BSE, pending necessary approvals. This amalgamation expands the company's equity base, reflecting the integration of U R Energy.