Jhaveri Credits & Capital Ltd
Allotment of Share pursuant to Scheme of Amalgamation
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jun 2026, 05:58 PM IST · BSE ID: c1c772fa-33e7-49e8-b660-aa3d503a42d6
View Original BSE Filing (PDF)
💡
In Simple Terms
The company issued 16,16,088 new shares to complete a merger, increasing its total share capital.
🤖 AI Summary
- Jhaveri Credits & Capital allotted 16,16,088 equity shares of Rs. 10/- each to U R Energy Private Limited shareholders.
- Allotment followed the Scheme of Amalgamation, approved by NCLT Ahmedabad Bench on March 16, 2026.
- Company's paid-up share capital increased from Rs. 9,48,59,360 to Rs. 11,10,20,240.
- Shares issued based on a 253:500 share exchange ratio as per the amalgamation scheme.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity Shares Allotted
16,16,088 Equity Shares
Face Value per Share
Rs. 10/-
Previous Paid-up Share Capital
Rs. 9,48,59,360
New Paid-up Share Capital
Rs. 11,10,20,240
Previous Total Equity Shares
94,85,936 Equity Shares
New Total Equity Shares
1,11,02,024 Equity Shares
🏢 How This Affects the Company
This completion integrates U R Energy Private Limited into Jhaveri Credits & Capital Limited, potentially expanding its operational scope.
The paid-up share capital of Jhaveri Credits & Capital Limited has increased by Rs. 1,61,60,880, reflecting the new equity base post-amalgamation.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from existing shareholders based on this allotment disclosure.
👤
Who Is Affected
Existing shareholders will experience an increase in the total number of outstanding shares from 94,85,936 to 1,11,02,024, leading to share dilution.
🔍
Management Signal
The completion of share allotment indicates management's execution of the NCLT-approved amalgamation scheme to expand the company's structure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
BSE approval for listing and trading of the newly allotted shares.
Upcoming financial results for an update on the amalgamated entity's performance.
Future disclosures regarding the integration progress of U R Energy Private Limited.
LOW RISK
The filing confirms the completion of an approved corporate action, reducing uncertainty.
💡 Investor Takeaway
Jhaveri Credits & Capital Limited completed the allotment of 16,16,088 equity shares, increasing its paid-up share capital from Rs. 9,48,59,360 to Rs. 11,10,20,240 following the U R Energy Private Limited amalgamation.
⚖️ Strengths & Concerns
✅ Positives
- Amalgamation scheme completion indicates successful integration of U R Energy Private Limited as approved by NCLT.
- The increase in paid-up capital solidifies the company's equity base post-merger, from Rs. 9,48,59,360 to Rs. 11,10,20,240.
📅 Company Track Record
Jhaveri Credits & Capital Ltd (JCCL) set June 26, 2026, as the Record Date for issuing 16,16,088 shares as part of the amalgamation, as intimated on June 11, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How many equity shares did Jhaveri Credits & Capital Ltd allot?
Jhaveri Credits & Capital Ltd allotted 16,16,088 Equity Shares of a face value of Rs. 10/- each.
What is the new paid-up share capital of Jhaveri Credits & Capital Ltd?
With the allotment, the equity paid-up share capital increased to Rs. 11,10,20,240, divided into 1,11,02,024 Equity Shares of Rs. 10/- each.
Which company's shareholders received the allotted shares?
The shares were allotted to the Shareholders of U R Energy Private Limited, pursuant to the Scheme of Amalgamation.
What was the share exchange ratio for the amalgamation?
The shares were allotted in the share exchange ratio of 253 : 500, as provided in the Scheme of Amalgamation.
When was the amalgamation scheme approved by NCLT?
The Scheme of Amalgamation was approved by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, vide its order dated March 16, 2026.
Questions based on this BSE filing only. For information purposes.