Jhaveri Credits & Capital Ltd
Considered and approved Friday, June 26, 2026 as the Record Date for allotment of shares to the shareholders of the U R Energy Private Limited ('Transferor Company') to whom the shares ....
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 11 Jun 2026, 04:15 PM IST · BSE ID: ec4dc94f-417c-4f31-8ac7-53187ea8986b
View Original BSE Filing (PDF)
💡
In Simple Terms
The company set June 26, 2026, to determine who gets shares from its merger with U R Energy.
🤖 AI Summary
- Jhaveri Credits & Capital Ltd set June 26, 2026, as Record Date for share allotment.
- Share allotment is for shareholders of U R Energy Private Limited following amalgamation.
- Approved share exchange ratio: 253 Jhaveri Credits shares for 500 U R Energy shares.
- Total 16,16,088 equity shares of face value Rs. 10/- each to be issued by Jhaveri Credits.
- This follows the Scheme of Amalgamation effective from April 02, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Record Date
June 26, 2026
Share Exchange Ratio (Jhaveri:UR Energy)
253:500
Total Equity Shares to be issued
16,16,088 Equity Shares
Face Value per share
Rs. 10/- each
🏢 How This Affects the Company
The amalgamation with U R Energy Private Limited is progressing, integrating the two entities' operations and assets. This step confirms the formal transfer of ownership for U R Energy into Jhaveri Credits and Capital Ltd.
Jhaveri Credits and Capital Ltd will issue 16,16,088 new equity shares of face value Rs. 10/- each, which will dilute existing equity shareholder stakes. This transaction will increase the company's paid-up share capital.
The operational integration of U R Energy Private Limited into Jhaveri Credits and Capital Ltd will continue post share allotment. The scheme of amalgamation, now effective, facilitates combining business activities and resources.
The issuance of new shares increases the total share count, which can affect per-share metrics. The success of the amalgamation depends on effective integration post-Record Date.
👥 What This Means For Shareholders
✅
Action Required
Shareholders of U R Energy Private Limited whose names appear in the Register of Members as on June 26, 2026, will receive shares of Jhaveri Credits and Capital Limited.
👤
Who Is Affected
Existing shareholders of Jhaveri Credits and Capital Limited will experience dilution due to the issuance of 16,16,088 new equity shares. Shareholders of U R Energy Private Limited will receive Jhaveri Credits shares.
🔍
Management Signal
The Board's decision signals a commitment to completing the amalgamation and integrating U R Energy Private Limited into Jhaveri Credits and Capital Limited.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Completion of share allotment to U R Energy shareholders post June 26, 2026.
Any further disclosures on the integration of U R Energy's operations.
Upcoming financial results for Jhaveri Credits & Capital Ltd for post-amalgamation impact.
LOW RISK
The filing indicates a formal step in a previously approved amalgamation, primarily administrative in nature.
💡 Investor Takeaway
Jhaveri Credits & Capital Ltd approved June 26, 2026, as the Record Date for allotting 16,16,088 equity shares of face value Rs. 10/- each. This completes the share issuance for the U R Energy Private Limited amalgamation, with a 253:500 share exchange ratio.
⚖️ Strengths & Concerns
✅ Positives
- Formalizes the amalgamation process, setting a clear Record Date of June 26, 2026, for share allotment completion.
- Defines a clear share exchange ratio of 253 equity shares of Jhaveri Credits for 500 U R Energy shares.
⚠️ Concerns
- Issuance of 16,16,088 new equity shares of face value Rs. 10/- each will dilute the ownership percentage of existing shareholders.
- The filing does not provide details on the financial performance or business assets of U R Energy Private Limited.
❓ Frequently Asked Questions
What is the Record Date set by Jhaveri Credits & Capital Ltd?
Jhaveri Credits & Capital Ltd has set Friday, June 26, 2026, as the Record Date for the allotment of shares to the shareholders of U R Energy Private Limited.
What is the share exchange ratio for the amalgamation?
The approved share exchange ratio is 253 fully paid equity shares of face value INR 10/- each of Jhaveri Credits and Capital Limited for every 500 fully paid equity shares of face value INR 10/- each held in U R Energy Private Limited.
How many new shares will Jhaveri Credits & Capital Ltd issue?
Jhaveri Credits and Capital Limited will issue 16,16,088 Equity Shares of face value of Rs. 10/- each to the shareholders of U R Energy Private Limited.
Which regulation governs this disclosure by Jhaveri Credits & Capital Ltd?
This disclosure by Jhaveri Credits & Capital Ltd is made under Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Questions based on this BSE filing only. For information purposes.