Corporate Announcement
Security Code : 522285    Company : JAYNECOIND    
 
Jayaswal Neco Equity & Preference Shareholders approve Scheme of Arrangement 
  Exchange Disseminated Time     
Jayaswal Neco Industries Ltd has informed BSE that at the various Meetings of the Equity Shareholders and 10.00% Optionally Convertible Cumulative Redeemable Preference Shareholders and 0.001% Cumulative Redeemable Preference Shareholders of the Company held in accordance with the directions of the High Court of Bombay, Nagpur Bench, Nagpur on June 08, 2009, all the Three below mentioned Schemes of Arrangement have been approved with the requisite majority.

1. The Company and Inertia Iron and Steel Industries Pvt. Ltd.

2. The Company and Abhijeet Infrastructure Ltd.

3. The Company and Corporate Ispat Alloys Ltd.
 

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