MoneyWorks4Me

With reference to the earlier letter dated February 01, 2016 regarding outcome of meeting of Board of Directors of the Company held on February 01, 2016, Jindal Stainless (Hisar) has informed that an Extraordinary General Meeting of Shareholders of the Company will be held on March 29, 2016 inter alia to consider and approve issuance of Compulsory Convertible Warrants to the Promoter / Promoter Group for an aggregate amount up to Rs 25 Crore on a private placement basis by way of preferential allotment.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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