Jindal Worldwide reviews business plans

Jindal Worldwide Ltd has announced that the Board of Directors of the Company at its meeting held on April 21, 2007, has transacted the following:

1. The Board Reviewed the Financial Tie ups for the following upcoming projects of Rs 225 Crores:

a. Spinning Units.
b. Weaving Units.
c. Home Textile.
d. Garmenting.
e. Terry Towel.
f. Yarn Dying.
g. Captive power Plant.

2. The Board Members discussed about the application made to Board of Approval (BOA), Central Government for upcoming SEZ Projects of the Company.

The stock was trading at Rs.181.90, down by Re.0.85 or 0.47%. The stock hit an intraday high of Rs.182 and low of Rs.178. The total traded quantity was 1628 shares compared to 2 week average of 1442.

Source : Equity Bulls

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