Stake Sale

Jindal Stainless Converts 7550000 warrants into shares



Posted On : 2008-04-18 01:47:59( TIMEZONE : IST )

Jindal Stainless Converts 7550000 warrants into shares

Jindal Stainless Ltd has announced that the Company has received the balance amount of Rs 69,98,85,000/- from the promoters of the Company against conversion of 75,50,000 outstanding warrants allotted on preferential basis and the allotment of 75,50,000 equity shares of Rs 2/- each upon conversion of 75,50,000 outstanding warrants would be made soon.

Source : Equity Bulls

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