Jhaveri Credits & Capital Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Jhaveri Credits and Capital Limited's promoter group has acquired 1,178,605 new equity shares, representing 10.62% of the company. This share allotment occurred through a Scheme of Amalgamation with U R Energy (India) Private Limited, approved by NCLT. Under the scheme, U R Energy shareholders received 253 Jhaveri Credits shares for every 500 shares held. This transaction increases the promoter group's total shareholding in Jhaveri Credits from 61.60% to 63.24%, consolidating their ownership and reflecting the merger's impact on the company's capital structure.