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| Exchange Disseminated Time | | Jai Balaji Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 30, 2016, inter alia, have approved the conversion of 40,00,000 warrants into 40,00,000 Equity Shares of Rs.10/ -each out of total 2,26,05,000 warrants allotted on March 22, 2016 on preferential allotment basis to the entities / persons pursuant to exercise of their rights of conversion of warrants into equity shares and accordingly the Board of Directors have allotted 40,00,000 equity shares of Rs. 10/- each fully paid up on account of conversion. |
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