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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 30,00,000 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 credit facilities of Rs.350 crores by Punjab National Bank to the Deify Infrastructure Ltd.
Date of Reporting : December 09, 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 : December 06, 2010
Number of Shares Pledged : 3000000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 43978951
Total No of shares pledged : 29277000
% of total shares pledged to total no of shares held by the entity in the Company : 66.57%
% of shares pledged to total no of outstanding shares of the Company : 11.67% |
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