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| Exchange Disseminated Time | With reference to the Scheme of Arrangement amongst Enpro Oil Private Limited, Jubilant Industries Limited and Jubilant Agri and Consumer Products Limited and their respective shareholders and creditors which was sanctioned by the Hon'ble High Court of Judicature at Allahabad, Jubilant Industries Ltd has now informed BSE that the Restructuring Committee of the Board of Directors of the Company in its meeting held on March 09, 2012 has allotted 38,35,348 Equity Shares of Rs. 10/- each credited as fully paid-up to the shareholders of Enpro Oil Private Limited in terms of para 4.3 and para 4.4 of Part C of Section II of the Scheme.
Further, in terms of Para 4.1 of Part C of Section I of the Scheme, the Board of Directors of Jubilant Agri and Consumer Products Limited in its meeting held on March 09, 2012 has allotted 16,48,817 10% Optionally Convertible Non-Cumulative Redeemable Preference Shares of Rs. 10/- each at premium of Rs. 990/- per share to Jubilant Industries Limited. |
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