Board Meeting2 April 2026 at 02:21 pm
Jhaveri Credits & Capital Ltd: Board Approves Changes in Designations, Appointments, and Amalgamation
AI Summary
Jhaveri Credits & Capital Ltd announced the outcomes of its board meeting held on April 02, 2026. The board approved changes in designations for Mr. Vishnukumar Vitthaldas Patel and Ms. Bijal Kiran Parikh, and appointed Mr. Ghanshyambhai Hargovindbhai Engineer as Managing Director and Ms. Chetna Rahul Vyas as Additional Director (Non-Executive Independent). The board also took note of the amalgamation between U R Energy Private Limited and Jhaveri Credits and Capital Limited, and the related changes in the company's memorandum of association and articles of association, name, and authorized share capital.
Key Highlights
- Change in designation of Mr. Vishnukumar Vitthaldas Patel from Non-Executive Director to Chairman and Non-Executive Director.
- Appointment of Mr. Ghanshyambhai Hargovindbhai Engineer as Managing Director for a period of five years.
- Appointment of Ms. Chetna Rahul Vyas as Additional Director (Non-Executive Independent) for a term of 5 (five) consecutive years.
- Change in designation of Ms. Bijal Kiran Parikh from Non-Executive Director to Executive Director.
- Approval of the amalgamation between U R Energy Private Limited and Jhaveri Credits and Capital Limited.