JHAVERI CREDITS AND CAPITAL LTD. : BOARD MEETING APPROVES SHARE ALLOTMENT

• Board has approved an allotment of 16,16,088 equity shares of face value ₹10/- each to the shareholders of U R Energy Private Limited • Allotment is pursuant to the Scheme of Amalgamation between U R Energy Private Limited and Jhaveri Credits and Capital Limited • Share exchange ratio of 253 : 500 as per the Scheme of Amalgamation approved by Hon'ble National Company Law Tribunal • Equity paid-up share capital increases to ₹11,10,20,240 divided into 1,11,02,024 equity shares • Board meeting was held on June 29, 2026, from 03:00 p.m. to 04:30 p.m. Impact: Neutral (Procedural outcome of board meeting regarding share allotment)

Jhaveri Credits & Capital Ltd

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