Jamna Auto converts debentures

Jamna Auto Industries Ltd has announced that the Board of Directors of the Company at its meeting held on October 23, 2008, inter alia, has approved the conversion of 2356255 compulsory fully convertible debentures of Rs 72 each into 2,356,255 equity shares of Rs 10 each fully paid at a premium of Rs 62/- per equity share.

Delisting of the equity shares under clause 5.2 of SEBI (Delisting of securities) Guidelines, 2003 from Stock Exchanges other than Bombay Stock Exchange and to convene an Extra -Ordinary General Meeting thereto.

Appointment of Mr. SPS Kohli, as a director liable to retire by rotation and resignation by Mr. D K Sharma, Director due to his pre-occupation.

Source : Equity Bulls

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