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| Exchange Disseminated Time 16/12/2016 18:04:33 | Jindal Stainless Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on December 23, 2016, inter alia, to consider and approve the followings:
1. Issuance of Equity Shares/Preference Shares to the Lenders of the Company on Preferential Basis upon conversion of Funded Interest Term Loan I & II (“FITL”).
2. Issuance of Convertible Warrants/Equity Shares to the Promoter Group of Companies on Preferential Basis.
Further, as per provisions of Company’s approved Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in securities of the Company will be closed with effect from December 19, 2016 till December 27, 2016 (both days inclusive). |
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