Pursuant to the provision mentioned under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, JTL Industries has informed that a meeting of Board of Directors of the Company will be held on Monday, 18th December, 2023, to consider raising of funds through issuance of equity shares or other securities convertible into Equity Shares including warrants or any combination thereof in one or more tranches, by way of Preferential Issue, Qualified Institutional Placement (‘QIP’), Global Depository Receipts (‘GDR’), American Depository Receipts (‘ADR’) or through any other permissible mode or any combination thereof, in accordance with the applicable provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, in such manner and on such terms and conditions as may be deemed appropriate by the Board in its absolute discretion, subject to approval from shareholders and receipt of any regulatory and statutory approvals, as applicable. Apart from this, the Board may discuss, approve or take note of any other matter as it may deem fit. Further, pursuant to the Company's Code for Prevention of Insider Trading, the trading window for dealing in securities of the Company shall remain closed from Wednesday, 13th December, 2023 till the end of 48 hours after the outcome is made public on 18th December, 2023.
The above information is a part of company’s filings submitted to BSE.
