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| Exchange Received Time 07/12/2018 21:44:49 Exchange Disseminated Time 07/12/2018 21:44:54 Time Taken 00:00:05 | This is to inform you that pursuant to the approval of the shareholders of Jubilant Industries Limited ('Company') through ordinary resolution by way of postal ballot on December 5, 2018, the existing Clause V of the memorandum of association of the Company is substituted by the following:
V. The Authorised Share Capital of the Company is INR 18,10,00,000 (Rupees Eighteen Crore Ten Lakh only) consisting of 1,81,00,000 (One Crore Eighty One Lakh) equity shares of INR 10 (Rupees Ten) each, with the rights, privileges and conditions attaching thereto as are provided by the regulations of the Company for the time being with the power to increase and reduce the capital of the Company and to divide / consolidate the shares in the capital for the time being into several classes and to attach thereto respectively such preferential rights, privileges or conditions as may be determined by or in accordance with the regulations of the Company and to vary, modify or abrogate any such rights, privileges or conditions in such manner as may, for the time being, be provided by the regulations of the Company subject to the Companies Act, 2013 (as amended from time to time).
The voting results on the basis of the scrutinizer's report, have been declared today, i.e. December 7, 2018.
Brief Particulars of the amendment in the Memorandum of Association is as follows:
The authorised share capital of the Company has been increased from INR 15,00,00,000 (Rupees Fifteen Crores only) consisting of 1,50,00,000 (One Crore Fifty Lakh) equity shares of INR 10 (Rupees Ten) each to INR 18,10,00,000 (Rupees Eighteen Crore Ten Lakh only) consisting of 1,81,00,000 (One Crore Eighty One Lakh) equity shares of INR 10 (Rupees Ten) each, pursuant to ordinary resolution passed by the shareholders through Postal Ballot on December 5, 2018. |
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