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| Exchange Disseminated Time | With reference to the earlier letter dated January 19, 2016 regarding meeting of the Board of Directors of the Company to be held on February 02, 2016 inter alia, to consider and approve the unaudited quarterly and year-to-date standalone financial results for the 3rd quarter / period ended December 31, 2015.
Jindal Stainless Ltd has now informed BSE that proposal to issue Cumulative Compulsory Convertible Preference Shares (CCCPS) to the Promoter for an aggregate amount upto Rs.25 Crore on a private placement basis by way of a preferential allotment in terms of the Asset Monetization and Business Reorganization Plan (“AMP”), will also be considered in the said meeting of Board of Directors. |
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