Merger11 Jun 2026, 04:15 pm
Jhaveri Credits Sets June 26 Record Date for UR Energy Share Allotment
AI Summary
Jhaveri Credits & Capital Ltd announced that its Board of Directors has approved June 26, 2026, as the Record Date for the allotment of shares to the shareholders of U R Energy Private Limited. This allotment is part of the Scheme of Amalgamation between the two companies, where 253 equity shares of Jhaveri Credits will be issued for every 500 shares held in U R Energy. Approximately 16,16,088 equity shares of Jhaveri Credits will be allotted.
Key Highlights
- Record date set for June 26, 2026, for share allotment.
- Allotment is part of the amalgamation scheme with U R Energy.
- Share exchange ratio: 253 Jhaveri Credits shares per 500 U R Energy shares.
- Approximately 1.6 million shares to be allotted.
Price Impact
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