Corporate Announcement
Security Code : 522285    Company : JAYNECOIND    
 
Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997Download PDF
  Exchange Disseminated Time     
Jayaswal Neco Industries Ltd has submitted the revised 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 80,00,000 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 Term Loan of Rs.100 Crores by United Bank Ltd to the Company.

Date of Reporting : July 07, 2010
Name of the Company : Jayaswal Neco Industries Ltd
Total no of outstanding shares of the Company : 250860904

Name of the Entity: Jayaswal Holdings Pvt Ltd

Details of Transaction
Date of Transaction : June 23, 2010
Number of Shares Pledged: 8000000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 43978951
Total No of shares pledged : 26277000
% of total shares pledged to total no of shares held by the entity in the Company : 59.75%
% of shares pledged to total no of outstanding shares of the Company : 10.47%
 

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