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JBF Industries raises funds via Compulsory Convertible Preference Shares

12 Oct 2018 Evaluate

JBF Industries has raised funds through allotment of 74,03,896 Compulsory Convertible Preference Shares of Rs l0 at the premium of Rs 65 each as per the resolution passed in Extraordinary General Meeting. The Board of Directors meeting held on October 12, 2018, has allotted the same.

JBF Industries is an India-based company, which manufactures polyester chips, polyester yarn and processed yarn from polyester chips.

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