Jayant Agro Organics has informed that a meeting of the Board of Directors of the Company is scheduled to be held on June 16, 2017, to consider split / sub-division of the face value of equity shares of the Company, and to consider raising of funds by issue of equity shares, foreign currency Convertible Bonds/Fully convertible debentures/ Partly Convertible Debentures/preference Shares convertible into equity shares, and/or any other financial instruments convertible into Equity Shares (including warrants, or otherwise, in registered or bearer forms) and/or any security convertible into equity shares, combination of any of the aforementioned securities by way of one or more public and/or private offerings, Qualified Institutional Placement and/or on preferential allotments basis or any combination thereof or any other method as may be permitted under applicable law, subject to such approval as may be required, and ancillary actions for the abovementioned fund raising. Further, as per the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (as amended) read with the Revised Code for Prevention of Insider Trading in Securities of Jayant Agro-Organics, the Trading Window for trading in the equity shares of the Company by any Insider covered under the said Code will be closed from June 05, 2017 to June 20, 2017.
The above information is a part of company’s filings submitted to BSE.
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