JMG Corporation has informed that the board of directors of the company at its meeting held on November 24, 2012, has constituted a committee of independent directors to provide reasoned recommendations on open offer made by Atul Kumar Mishra pursuant to the provisions of regulation 26(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The above information is a part of company’s filings submitted to BSE.