Board approves merger with U R Energy, name change, new MD, and key leadership changes
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved NCLT-sanctioned amalgamation of U R Energy India Pvt Ltd into the company (effective April 1, 2026) and change of name to U R Energy (India) Ltd. Authorized capital raised to Rs 18.5 cr (1.85 cr shares of Rs 10). Mr. Ghanshyambhai Engineer (ex-CEO of UR Energy) appointed Managing Director for 5 years. Mr. Vishnukumar Patel (holds 48.2L shares) made Chairman; Ms. Bijal Parikh elevated to Executive Director; Ms. Chetna Vyas appointed Independent Director. Postal ballot process initiated for shareholder approvals.
Major transformation: company to be renamed U R Energy (India) Ltd post reverse-merger; top leadership fully refreshed. Watch postal ballot outcome.