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

01-01-1970 | 12:00 am

Bhumit Vinodbhai Patel has acquired 42,166 equity shares, representing 0.38% of Jhaveri Credits and Capital Limited. This acquisition stems from a court-approved Scheme of Amalgamation involving Jhaveri Credits and Capital Limited and U R Energy (India) Private Limited. Under the scheme, 253 shares of Jhaveri Credits were allotted for every 500 shares of U R Energy (India) held. This transaction increases the acquirer's stake in Jhaveri Credits and Capital Limited from 0% to 0.38%, reflecting the completion of the merger process.

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