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Jindal Saw - Updates

Jindal Saw Ltd has informed BSE that the Committee of Directors has allotted on May 22, 2008, 26,00,000 Warrants and 27,30,000 - 9.5% Compulsorily Convertible Debentures (CCDs) both convertible into equity shares of the Company at a price of Rs 819/- each equity share in terms of the resolution passed by the shareholders in the […]

Jindal Saw - Updates on Outcome of AGM

Jindal Saw Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on March 27, 2008, inter alia, have accorded the following:
1. Adoption of the Balance Sheet as at December 31, 2007 together with Profit and Loss Account for the year ended on that date together with […]

Jindal Saw - Updates on Outcome of AGM

Jindal Saw Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on March 27, 2008, inter alia, have accorded the Board of Directors of the Company to create, issue, offer and allot from time to time in one or more trances up to:
I. 26,00,000 warrants with […]

Jindal Saw - Outcome of Board Meeting

Jindal Saw Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 26, 2008, has approved, subject to approval of shareholders and such approvals as may be necessary, the allotment of following securities on preferential basis to Anbeeco Investments Ltd, Cyprus, a Company belonging to the Promoter […]

Jindal Saw - Updates

Jindal Saw Ltd has informed BSE that the Company has identified various opportunities in niche infrastructure areas. In this connection, the Company has proposed three-fold business initiatives in Infrastructure, Transportation and Fabrication and firmed up plans to setup three distinct lines of business spanning Infrastructure (water transportation infrastructure and power generation), Transportation (inland & coastal […]

Jindal Saw - Outlook

Jindal Saw Ltd has announced the following Outlook:
Industry
Rising Demand for steel pipes is expected to be higher in the medium term on account of increased exploration activities and thrust on setting up infrastructure to transport oil and gas. In India, rapid economic growth faces an urgent need to develop and improve water supply, which would […]

Jindal Saw announces Quarter & 15 months year ended results for the period ended Dec 31, 2007

Jindal Saw Ltd has announced the following Audited results for the quarter & 15 months year ended December 31, 2007:
The results for the Quarter ended December 31, 2007:

The Company has posted a net profit of Rs 5738.80 million for the quarter ended December 31, 2007 as compared to Rs 601.30 million for the quarter ended […]

Jindal Saw - FY 07 results on Feb 26, 2008

Jindal Saw Ltd has informed BSE that a meeting of Board of Directors of the Company will be held on February 26, 2008 to consider, inter-alia, to consider the following:
1. To approve the audited Financial Results of the Company for the year ended December 31, 2007
2. To recommend the payment of dividend to the shareholders […]

Jindal Saw - Allotment of Equity Shares on Conversion of FCCBs

Jindal Saw Ltd has informed BSE that on exercise of the option to convert FCCBs into equity shares by the FCCBs holders, the Company, on February 09, 2008 has allotted number of equity shares to the FCCBs holders as mentioned against their names at the pre-determined price of Rs 675/- per equity share of Rs […]