Corporate Announcement
Security Code : 523405    Company : JMFINANCIL    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  18/12/2017 16:33:01         Exchange Disseminated Time   18/12/2017 16:33:04              Time Taken   00:00:03
We wish to inform you that the Board of Directors of the Company, at its meeting held today, has inter - alia approved raising of funds by way of issue of equity shares or any other instrument or security including fully/partly convertible debentures or global depository receipts or American depository receipts or foreign currency convertible bonds or by way of a composite issue of non-convertible debentures and warrants entitling the warrant holder(s) to apply for equity shares or any other eligible securities through qualified institutions placement or private placement/public issue of equity/debt securities or preferential issue or through any other permissible mode and/or combination thereof as may be considered appropriate, subject to such approvals as may be required including the approval of the members at a general meeting or through postal ballot and further subject to such other statutory/regulatory approvals, as applicable for an aggregate amount of upto Rs. 650 Crore.
 

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