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Jai Balaji Industries Ltd. - Outcome of Board Meeting

| Updated on February 08, 2019 Published on February 08, 2019

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, this is to inform you that the Board of Directors of the Company at its meeting held on Friday, 8th February, 2019 which commenced at 2:30 p.m. and concluded at 5 p.m., have considered, approved and taken on record amongst other items of Agenda:-

1. a) The Un-audited Financial Results for the third quarter ended 31st December, 2018.

b) The Limited Review Report for the third quarter ended 31st December, 2018, issued by M/s. S.K. Agrawal & Co., Statutory Auditor of the Company.

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing the Un-audited Financial Results and Limited Review Report for the third quarter ended 31st December, 2018.

2. Issue and allotment of 1,40,71,500 equity shares of the Company of face value of Rs.10/- (Rupees Ten only) each at a price being not less than the price determined in accordance with SEBI (ICDR) Regulations, 2018, on Preferential allotment basis against restructuring of financial assistance to Edelweiss Asset Reconstruction Company Limited (EARC) in accordance with the SEBI (ICDR) Regulations, 2018 subject to the approval of the Shareholders through Postal Ballot/e-voting and other Statutory authorities.

This is for your information and record.

Pdf Link: Jai Balaji Industries Ltd. - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on February 08, 2019
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