Friday, January 25, 2008

Jaihind Projects - Outcome Of Board Meeting

Jaihind Projects Ltd has informed that the Board of Directors of the Company at its meeting held on January 24, 2008, has decided to:

1. Issue 4000000 (Forty Lacs) Warrants to be converted into equity shares on preferential basis as per SEBI Guide Lines to Promoters and Others.

2. Increase in Authorised Capital upto Rs 20.00 Crores.

3. Amendment in Articles of Association for Authorising Board to issue convertible Warrants.

4. Convening of Extra Ordinary Meeting on February 27, 2008 to pass resolution set herein above.

No comments: