Disclosure Attached

September 19, 2026 BSE Limited 25th Floor, P J Towers, Dalal Street, Fort, Mumbai- 400 001 Scrip Code: 531550 Dear Sir/Madam, Subject.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) - Outcome of the Board Meeting In compliance of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held on Saturday, September 19, 2026, has inter alia, considered and approved: 1. On the recommendation of Audit Committee, Acquisition of 51% of the equity share capital of U R Energy (Solar) Private Limited from its existing shareholders. Consequent upon the above approval, the Company shall give effect to the acquisition. Upon completion of the acquisition of the Shares, U R Energy (Solar) Private Limited will become a subsidiary of the Company Further, the details as per Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the additional disclosures as required under the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are given in Annexure I. 2. In continuation of earlier intimation dated April, 02, 2026, the Change in Name of the Company from “Jhaveri Credits and Capital Limited” to “U R ENERGY (INDIA) LIMITED”, subject to obtaining the requisite approvals from the Members of the Company and the concerned statutory and regulatory authorities, as may be applicable. Consequent upon the proposed change of name, the Board also approved the consequential alteration of the Memorandum of Association and Articles of Association of the Company, subject to the requisite approvals. Further, the details as per Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the additional disclosures as required under the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are given in Annexure II. 3. Alteration of the Main Object Clause of the Memorandum of Association of the Company, subject to obtaining the requisite approval of the Members of the Company and such other approvals as may be required from the concerned statutory and regulatory authorities. Further, the details as per Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the additional disclosures as required under the SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are given in Annexure III. 4. Appointed National Securities Depository Limited (NSDL) as Remote E-Voting Agency for resolutions proposed to be passed through Postal ballot; 5. Appointed M/s Siddharth Sipani & Associates, Company Secretaries (ACA-28650) as Scrutinizer, who has consented as such, for conducting the remote e-voting process of the Postal ballot, in a fair and transparent manner; and 6. Discussed all matters contained in the Notice of Postal ballot in detail and authorised Directors and Company Secretary to send Postal ballot Notice to all the Members of the Company under the provisions of the Companies Act, 2013 read with rules made thereunder. The copy of the Postal Ballot Notice will be submitted to the Stock Exchange as soon as the same be emailed to the eligible Shareholders. The meeting of the Board of Directors commenced at 02:30 p.m. and concluded at 04:00 p.m. Kindly take the same on your record. Thanking You, Yours Faithfully, For Jhaveri credits and capital Limited Gaurav Shrimankar Company Secretary & Compliance Officer Encl. : As Above Annexure-I The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are given in below Particulars Details Name of the target entity, Name of target Company U R ENERGY (SOLAR) PRIVATE details in brief such as size, LIMITED turnover etc. Authorized Capital Rs. 1.00 Lakh Paid-up Capital Rs. 1.00 Lakh Turnover 0 Net worth -81000 Whether the acquisition The Subsidiary company will be a related party of the Company would fall within related party upon acquisition of shares. Save and except as mentioned above, transaction(s) and whether the promoter/ promoter group/ group companies are not the promoter/ promoter interested in the Entity Acquired. group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm's length” Industry to which the entity Solar Energy being acquired belongs Objects and effects of To carry on the business of manufacturing of solar panels, acquisition (including but not inverter, Cabels and other electronic accessories for installation limited to, disclosure of of power plant as well as production of solar energy from solar reasons for acquisition of panels and supply of solar energy. The business of the proposed target entity, if its business is Subsidiary is not outside the main line of business of the Company outside the main line of business of the listed entity) Brief details of any Not applicable governmental or regulatory approval for the required acquisition Indicative time period for Not applicable completion of the acquisition Nature of consideration Cash consideration whether cash consideration or share swap and details of the same Cost of acquisition or the price Total Consideration is Rupees 51,000/- (Rupees Fifty One at which the shares are Thousand only) acquired Percentage of shareholding / 51% control acquired and/ or number of shares acquired Brief background about the Brief Background and Business: U R Energy (Solar) Private Limited entity acquired in terms of carry on the business of manufacturing of solar panels, inverter, products/line of business cabels and other electronic accessories for installation of power acquired, date of plant as well as production of solar energy from solar panels and incorporation, history of last supply of solar energy. 3-year turnover, country in Date of Incorporation: November 25, 2014 which the acquired entity has presence and any other Registered Office Address: office no. B/1, 901 to 906, 9th Floor, significant information (in Palladium B/H.Divyabhaskarpress, Corporate Rd, Prahladnagar, brief) Ahmedabad, India, 380015 Country in which the acquired entity has presence: India History/Turnover (Audited): FY: 22-23 - NIL FY: 23-24 - NIL FY: 24-25 - NIL Annexure-II The details required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 are given in below CHANGE OF NAME OF THE COMPANY AND CONSEQUENTIAL ALTERATION OF MOA & AOA The Company hereby informs that the Board of Directors has earlier approved change in name of the Company as per the earlier intimation dated April, 02, 2026, pursuant to sanctioning the Scheme of Amalgamation (“Scheme”) between U R Energy Private Limited (“Transferor Company”) and Jhaveri Credits and Capital Limited (“Transferee Company”) and their respective shareholders and creditors. However pursuant to pending approval from the Registrar of Companies (ROC) the Board of Directors at its meeting held on September 19, 2026, has reconsidered and approved the proposed change of name of the Company from “Jhaveri Credits and Capital Limited” to “U R ENERGY (INDIA) LIMITED”, subject to obtaining the requisite approvals from the Members of the Company and the concerned statutory and regulatory authorities. Consequent upon the proposed change of name, the Board has also approved the consequential alteration of the Memorandum of Association and Articles of Associatio [Showing first 8,000 characters — download PDF for full document]