Thursday, July 3, 2008

Jamna Auto : Outcome Of EGM - July 3, 2008

Jamna Auto Industries Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on July 01, 2008, inter alia, have approved the following Special Resolution:

ESOP Scheme II- to further create, offer, issue and allot at any time or to the benefit of such person(s) who are in permanent employment of the Company, including any Director of the Company, whether whole time or otherwise, options exercisable into not more than 5% of the paid up Equity Shares Capital of the Company (commencing from January 01, 2007 and ending on March 31, 2012) at prevailing market price at time of grant of the paid up Equity Share Capital of the Company under Employee Stock Option Scheme (ESOP).

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