Jay Bharat Maruti Ltd approves issue of NCDs

The Board of Directors of Jay Bharat Maruti Ltd in its meeting held on January 16, 2017 has considered and approved the issue of Non-Convertible Debentures to the eligible investors through private placement in terms of Section 42 and 71 of the Companies Act 2013 of an aggregate amount of not exceeding Rs.150 Crores (Rupees One Hundred and Fifty Crores Only), subject to taking of shareholders' approval through Postal Ballot process.

Shares of JAY BHARAT MARUTI LTD. was last trading in BSE at Rs.362.55 as compared to the previous close of Rs. 365.65. The total number of shares traded during the day was 20876 in over 1411 trades.

The stock hit an intraday high of Rs. 373 and intraday low of 360.45. The net turnover during the day was Rs. 7648015.

Source : Equity Bulls

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