JBF Industries Outcome Of EGM (08-Mar-2010)
JBF Industries Ltd has informed that the Shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 05, 2010, have approved issue of securities through Qualified Institutional Placement (QIP), equity shares or fully convertible debentures / partly convertible debentures and / or any other securities other than warrants which are at a latter date convertible or exchangeable into equity shares at the option of the Company and/or holder of the securities including Global Depository Receipts (GDR) and/or American Depository Receipts (ADR) and/or Foreign Currency Convertible Bonds or a combination of the foregoing (Specified Securities) secured or unsecured listed on any stock exchange within India or International stock exchange outside India through public issue or on a private placement basis, for an amount equivalent to Rs. 300 crores (Rupees Three Hundred crores only), excluding green shoe option as per guidelines. The Board of Directors and/or Committee of Board of Directors are authorized to issue securities at an appropriate time.
Top News Today
 The government has hiked the prices of petrol and diesel marginally across the country with effect from Tuesday midnight to accommodate the demand of retail dealers for higher commissions. Prices of petrol
 Aditya Birla Nuvo’s subsidiary Aditya Birla Finance has received capital infusion of Rs 300 crore from its promoter group for its business expansion plans.
The fresh fund will help the company in meeting
 The Reserve Bank of India (RBI) has urged the ministry of corporate affairs to exempt the scheduled banks from the class action suits that formulate a part of the proposed new Companies Act. The proposed
|
Live Market Discussions With Site Visitors
|
|
Recent Board-Meetings News
|
|