Jindal Saw has informed that pursuant to the approval of shareholders and the Stock Exchanges to the allotment of compulsorily convertible debentures on preferential basis to the Promoter group entity, a meeting of Board of Directors has been convened on December 05, 2014, inter-alia, for allotment of above compulsorily convertible debentures.
The above information is a part of company’s filings submitted to BSE.