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JSL Stainless allots equity shares

24 Aug 2012 Evaluate
JSL Stainless has informed that on August 24, 2012, the company has allotted 3,64,972 equity shares of Rs.2 each to The Royal Bank of Scotland NV London Branch upon conversion of FCCBs amounting to USD 10,00,000.

Consequent upon the above said allotment, the paid up equity share capital of the company has increased from Rs. 37,95,95,206 to Rs, 38,03,25,150 divided into 19,01,62,575 equity shares of Rs.2 each.

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

Peers
Company Name CMP
JSW Steel 1273.80
Tata Steel 187.25
Steel Authority 177.20
Jindal Stainless 736.20
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