Monday, July 6, 2009

Jindal Hotels To Allotment Of Equity Share - July 06, 2009

The members of Jindal Hotels have accorded the authority to the board to offer, issue and allot, for cash consideration, on preferential allotment basis not more than 24,76,540 warrants convertible into the equity shares of Rs 20 to promoters, promoter group and also to the persons other than promoters, promoter group, directors, their associates and relatives.

The members have also accorded to appoint Shagun Mehra as head of marketing for a period of five years from 01 June 2009.

This was accorded at the extra ordinary general meeting held on 23 June 2009.

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