Jindal Stainless 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.
The company made this announcement during the trading hours today, 18 April 208.
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