Corporate Announcement
Security Code : 522285    Company : JAYNECOIND    
 
Jayaswal Neco Preference Shareholders & Secured Creditors to approve Schemes of Arrangement 
  Exchange Disseminated Time     
Jayaswal Neco Industries Ltd has submitted to BSE the copies of the Schemes for the Meetings of the Preference Shareholders and Secured Creditors of the Company.

- Secured Creditors

Pursuant to an order made on May 06 2009, the Hon'ble High Court has directed that a meeting of the Secured Creditors of the Company be held on June 09, 2009 for the purpose of considering and, if thought fit, approving, with or without modification, the Scheme of Arrangement between Abhijeet Infrastructure Ltd (Demerged Company) and the Jayaswal Neco Industries Ltd (Resulting Company).

- 0.001% Cumulative Redeemable Preference Shareholders (CRPS)

Pursuant to an order made on May 06, 2009, the Hon'ble High Court has directed that a meeting of the Preference Shareholders of the Company be held on June 08, 2009 for the purpose of considering and, if thought fit, approving, with or without modification, the Scheme of Arrangement between Abhijeet infrastructure Ltd (Demerged Company) and the Jayaswal Neco Industries Ltd (Resulting Company). (For more details kindly refer Corporate Announcement on www.bseindia.com)
 

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