Tuesday, March 3, 2009

Jain Irrigation - Allotment Of Shares On Preferential Basis- March 3, 2009

Jain Irrigation Systems Ltd has informed that the Sub-Committee of Board of the Company at its meeting held on March 02, 2009 proposed to allot 20,00,000 Equity Shares on preferential basis to International Finance Corporation under SEBI (DIP) Guidelines, 2000 as applicable to the transaction.
The sub-committee has convened Extra Ordinary General Meeting (EGM) of Shareholders of the Company on March 26, 2009 to obtain their consent / approval to the proposed issue.

No comments: