Jainco Projects India has informed that in terms of approval received from the shareholders and the stock exchange for preferential allotment of equity shares to the person belonging to the promoter and non-promoter group, a meeting of the board of directors of the company is scheduled to be held on January 23, 2013 to consider and allot 60,00,000 equity shares of Rs.10 each on preferential basis.
The above information is a part of company’s filings submitted to BSE.