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Jindal Hotels informs about outcome of board meeting

25 Mar 2022 Evaluate

Jindal Hotels has informed that the Board of Directors of the Company at its meeting held today, i.e. on Friday, 25th March, 2022, have discussed and approved the following matter: The Company have issued & alloted 3,50,000 Equity Shares of Rs 10 each at a price of Rs 42 (price computed in accordance with ICDR Regulations), per Equity Share for cash aggregating to Rs 1,47,00,000  to the Promoters namely Piyush D. Shah & Chanda P. Agrawal [proposed allotees] on preferential basis.

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


Peers
Company Name CMP
The Indian Hotels Co 760.00
ITC Hotels 158.50
Mahindra Holi.&Resor 197.90
EIH 304.30
Chalet Hotels 844.35
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