Jindal Stainless has informed that on December 19, 2014, the Company has allotted 1,10,00,000 equity shares of Rs. 2 each to JSL Overseas Limited, a member of promoter group upon conversion of 1,10,00,000 Cumulative Compulsory Convertible Preference Shares (CCCPS) of Rs 2 each. Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs 43,07,50,010 to 45,27,50,010 divided into 22,63,75,005 equity shares of Rs 2 each.
The above information is a part of company’s filings submitted to BSE.
