Hacked by islam_Bey imhatimi.org

Jindal Stainless Ltd has informed BSE that on April 25, 2008 the Company has allotted 75,50,000 equity shares of Rs 2/- each (representing 4.66% of the paid up share capital of the Company) upon conversion of 75,50,000 convertible warrants to the following promoters of the Company:

1. Name of the promoter : Sh. Ratan Jindal
- No. of shares : 37,75,000 (2.33%)

2. Name of the promoter : Jindal Overseas Holdings Ltd
- No. of shares : 37,75,000 (2.33%)

Consequent upon the above said allotment, the paid up equity share capital of the Company has increased from Rs 30,91,69,864/- to Rs 32,42,69,864/- divided into 16,21,34,932 equity shares of Rs 2/- each and shareholding of promoter group has increased from 43.29% to 45.93%.

Tags: Jindal Stainless

This entry was posted on Saturday, April 26th, 2008 at 9:22 am and is filed under Company News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.