JBF Industries Ltd to consider raising funds on Dec 22, 2014

A meeting of the Board of Directors of JBF Industries Ltd will be held on December 22, 2014, to consider enabling resolution for raising funds through FCCB / NCD / QIP / Private Placement / Preferential Allotment, under different terms and conditions as decided by the Board of Directors.

The Board will consider proposal to give authority to the Board of Directors to seek shareholders approval by way of Postal Ballot or Extra Ordinary General Meeting as per requirement.

Shares of JBF INDUSTRIES LTD. was last trading in BSE at Rs.231.55 as compared to the previous close of Rs. 244.15. The total number of shares traded during the day was 299678 in over 10054 trades.

The stock hit an intraday high of Rs. 242.8 and intraday low of 224. The net turnover during the day was Rs. 69149611.

Source : Equity Bulls

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