- Business
- Jhaveri Credits and Capital Limited (JHACC.BO), founded in 1993 and headquartered in Ahmedabad, Gujarat, India, operates as a non-banking financial company (NBFC) primarily engaged in commodity broking, leasing, hire purchase, and related financial services; it provides broking platforms on exchanges including the Multi Commodity Exchange (MCX), National Commodity & Derivatives Exchange (NCDEX), and National Spot Exchange (NSE), with memberships facilitating spot and futures trading in commodities. The company offers additional services such as share broking in cash, derivatives, and currency segments; depository services through registration with NSDL; distribution of mutual funds and insurance products; and trading in solar panels, electronic components including inverters and cables, and agricultural activities. Geographically, it focuses on the Indian market, particularly through operations in Ahmedabad and Vadodara, and is associated with the Jhaveri group of companies active in broader capital market services. Recent developments include an agreement in March 2024 to acquire UR Energy (India) Private Limited; receipt of work orders in 2025 from Sky Energy Developers and Cosmos Green Power Technologies for supplying solar modules; appointment of new secretarial auditors M/s ALAP & Co. LLP for FY 2024-25; and consolidated revenue of INR 233.21 million for the latest fiscal year reported in 2025.