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Jhaveri Credits will acquire a further 49% of U R Energy (Solar) Pvt Ltd for Rs.49,000 cash. The related-party deal lifts holding to 100% in a solar business.
Jhaveri Credits and Capital Limited acquired a 51% controlling stake in U R Energy (Solar) Private Limited for a cash consideration of ₹51,000.
Jhaveri Credits fixed June 26, 2026 as record date for share allotment under its amalgamation with U R Energy. This milestone advances the merger process, impacting shareholder value.