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| Exchange Disseminated Time | Jaipan Industries Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 08, 2008, inter alia, have disapproved the followings which were setout in the notice of the EGM.
1. Issue of Bonus shares in the ratio of one Equity share for every Two Equity Shares held.
2. Issue of Global Depository / American Depository Receipts, Foreign Currency Convertible Bonds for an aggregate amount up to USD 25 million in one or more trenches. |
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