|
| Exchange Disseminated Time 18/05/2016 13:28:36 | | Jai Balaji Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2016, which commenced at 12:30 p.m. and concluded at 1:15 p.m., inter alia, have approved the part conversion of 40,00,000 convertible warrants into 40,00,000 Equity Shares of Rs.10/- each out of balance 1,86,05,000 convertible warrants to the entities as detailed pursuant to exercise of their rights of conversion of warrants into equity shares and accordingly the Board of Directors have allotted 40,00,000 equity shares of Rs. 10/- each fully paid up on account of conversion. |
|
|