Announced Mon, 29 Jun · 17:58 IST

Allotment of 16,16,088 shares under amalgamation scheme

Nclt Scheme FiledStrategic Transactions View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+7.9%1-day move
₹190.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+7.9+6.9+3.7+5.3+6.3+3.7-1.5
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AI summary

Jhaveri Credits and Capital has allotted 16,16,088 equity shares of Rs. 10 face value to shareholders of U R Energy Private Limited under a Scheme of Amalgamation approved by NCLT Ahmedabad on March 16, 2026. The share exchange ratio is 253:500. Paid-up capital rises from Rs. 9.49 crore (94,85,936 shares) to Rs. 11.10 crore (1,11,02,024 shares), a jump of about 17 percent. New shares will rank equally with existing shares and are proposed to be listed on BSE after necessary approvals.

Likely market impact

Equity dilution of around 17 percent for existing holders; new shares pending BSE listing approval.