Jhaveri Credits and Capital Limited agreed to acquire U R Energy Private Limited.

Jhaveri Credits & Capital Limited is an India-based company, which is engaged in the business of commodities broking. The Company provides broking platform on various exchanges to the clients for dealing in various commodities traded on those exchanges in present, spot and future dealings. The Company is a broking member of Commodity Exchange viz. National Commodity And Derivatives Exchange Limited (NCDEX), Multi Commodity Exchange Of India Limited (MCX) and National Spot Exchange Limited (NSEL). The Company is associated with Jhaveri group, which serves as a financial advisor in mutual fund, initial public offering (IPO), fixed deposits and insurance.