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Jai Balaji Industries approves issue of warrants

05 Oct 2012 Evaluate
Jai Balaji Industries has informed that the board of directors of the company at its meeting held on October 04, 2012, has approved issue of 1,00,00,000 warrants on preferential basis to the promoters/ Promoter Group Company’s at a price of Rs. 50 per warrant, convertible into equity shares of the company of face value Rs.10 each, including a premium of Rs. 40 per equity share, which is a price greater than Rs. 36.76, being the price determined in accordance with Clause 76(1) of Chapter -VII of the SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2009 as amended from time to time, ranking pari-passu in all respects, including a to dividend, with the existing equity shares of the company.

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

Jai Balaji Inds Share Price

72.59 3.97 (5.79%)
17-Apr-2026 16:59 View Price Chart
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