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| Exchange Disseminated Time 14/11/2016 16:26:36 | JBM Auto Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 14, 2016, have consider & approved the following:
- One of the following item was transacted, with the permission of the Chairman, as "any other item" in the Board Meeting:-
Considered various fund raising options and approved the enabling resolution for the purpose of raising of funds for an amount not exceeding Rs. 500 Crore (Rupees Five Hundred Crore only) subject to the approval of the Shareholders of the Company and all the requisite approvals as may be required from regulatory authorities and in accordance with the provisions of the applicable laws.
The Company shall take approval of Shareholders through Postal Ballot process for which the Stock Exchanges will be duly informed. |
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