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| Exchange Disseminated Time | Jayaswal Neco Industries Ltd has informed BSE that the shareholders of the Company at their 38th Annual General Meeting held on September 24, 2011 have in addition to ordinary business approved resolutions on the following special businesses:
1. Approval of Appointment and Remuneration paid to Shri M.P. Singh, Director; for the period from October 28, 2010 to February 10, 2011.
2. Appointment of Shri P. K. Bhardwaj as a Executive Director and Chief Finance Officer of the Company for a period of 3 years commencing from February 25, 2011.
3. Increase in Authorised Share Capital of the Company from existing Rs. 316 Crore to Rs. 1000 Crore; and consequential alteration to Memorandum and Articles of Association of the Company.
4. Further issue of 69959559 Equity Shares of Rs. 10/- each at a premium of Rs. 30/- per share on Preferential basis to Promoter and Non-promoter Group Companies. |
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