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| Exchange Disseminated Time | Jayaswal Neco Industries Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
The Company has informed BSE about the details of the 1,25,00,000 Equity shares of the Company pledged by M/s Jayaswal Holdings Pvt Ltd one of the Promoter Group entities of the Company in connection with sanction of Working Capital Term Loan of Rs.75 Crores by IDBI Bank Ltd to the Company.
Date of Reporting : November 02, 2009
Name of the Company : Jayaswal Neco Industries Ltd
Total no of outstanding shares of the Company : 112884048
Name of the Entity:
Basant Lall Shaw, Arbind Jayaswal
Ramesh Jayaswal, Nisha Jayaswal
Rita Jayaswal, Jayaswal Holdings
Pvt Ltd. Siltara Carriers Pvt Ltd,
Surmanju Securities Pvt Ltd,
Jaydev Impex Pvt Ltd.
Details of Transaction
Date of Transaction : October 26, 2009
Number of Shares Pledged: 12500000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 55276801
Total No of shares pledged : 18427000
% of total shares pledged to total no of shares held by the entity in the Company : 33.34%
% of shares pledged to total no of outstanding shares of the Company : 16.32% |
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