Jamna Auto - Outcome Of Board Meeting

Jamna Auto Industries Ltd has informed that the Board of Directors of the Company at its meeting held on August 24, 2007, has revised swap ratio in respect of MAP Springs Limited as follows:

- 1 equity share of face value of Rs 10/- each credited as fully paid-up in the capital of the Transferee Company (Jamna Auto Industries Ltd) to the Shareholders of Transferor Company 2 (MAP Springs Ltd) for every fully paid-up 2.22 equity shares of face value of Re 1/- each held by the Shareholders of Transferor Company 2.

Source : www.indian-commodity.com