JBF Industries has informed that a meeting of the Board of Directors of the Company will be held on December 28, 2015, to issue and allot 1,63,74,370 fully paid up equity shares of Rs 10 each on preferential basis to KKR Jupiter Investors, Singapore, at Rs 300 per equity share (at a premium of Rs 290 per equity share.), to appoint Independent Director, and to appoint Nominee Director of the Investor.
The above information is a part of company’s filings submitted to BSE.