| 30-Sep-11 |
| Jindal Saw Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 28, 2011 to September 30, 2011 (both days inclusive) for the purpose of Payment of Dividend & 26th Annual General Meeting (AGM) of the Company to be held on September 30, 2011.
The dividend, will be paid on or after October 05, 2011.
Jindal Saw Ltd has informed BSE that the 26th Annual General Meeting (AGM) was held on September 30, 2011, to transact the business as contained in the Notice convening the aforesaid AGM. Further the Company has informed that all the business/resolutions contained in the Notice were unanimously approved by the shareholders of the Company.
(As Per BSE Announcement Website dated on 30.09.2011)
Jindal Saw Ltd has informed BSE that the members at the 26th Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have accorded to the following:
1. Adoption of the Balance Sheet as at March 31, 2011 together with Profit and Loss Account for the year ended on that.
2. Declaration of dividend at the rate of Re. 1/- per equity share of Rs. 2/- each to the equity shareholders of the Company for the year ended March 31, 2011.
3. Appointment of Shri. P. R. Jindal & Shri Devi Dayal, as Directors of the Company.
4. Appointment of M/s. N. C. Aggarwal & Co., Chartered Accountants, Auditors of the Company, as Statutory Auditors of the Company to hold office from the condos of this meeting until the conclusion of the next Annual General Meeting on remuneration, terms & conditions.
5. Appointment of Ms. Sminu Jindal as Managing Director for a period of 5 years w.e.f. February 01, 2011 on remuneration, terms & conditions.
6. Appointment of Shri. Ravinder Nath Leekha as Directors of the Company, liable to retire by rotation.
7. Accorded to the Board of Directors of the Company to mortgage and/or create charge on all or any of the movable and immoveable properties of the Company both present and future or the whole or substantially the whole of the undertaking or undertakings of the Company for securing any loan(s) or facilities obtained or as may be obtained from any financial institution(s) or banks or person(s) together with interest, costs, charges, expenses and any other moneys payable by the Company within the overall borrowing powers delegated to the Board of Directors from time to time pursuant to Section 293(1) (d) of the Companies Act, 1956.
8. Authorised to borrow sum or sums of money, from time to time, at its discretion either from the CompanyÆs bank(s) or any other bank(s), financial institution(s) or any other lending institution(s) or persons on such terms and conditions as may be considered suitable by the Board of Directors up to a limit not exceeding in aggregate Rs. 5000 Crores notwithstanding that the money to be borrowed together with the moneys already borrowed by the Company (apart from temporary loans obtained from the companyÆs bankers in the ordinary course of business), will exceed the aggregate of the paid-up capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose.
9. Accorded to the Board to offer, issue and allot, in one or more tranches, any securities including Global Depository Receipts (ôGDRö) and / or American Depository Receipts (ôADRö) and / or Foreign Currency Convertible Bonds (ôFCCBö) and/or Convertible Bonds/Debentures and / or Euro-Convertible Bonds whether cumulative / redeemable / partly/fully convertible and / or securities partly or fully convertible into equity shares and/or securities linked to equity shares and / or any instruments or securities with or without detachable warrants, or such other types of securities representing either equity shares and / or convertible securities, (hereinafter collectively referred to as ôSecuritiesö) in India or in one or more foreign market(s) to be subscribed in foreign currency(ies) / Indian Rupees by Foreign / Domestic Investors, including Non- residents, Foreign Institutional Investors, Non-Resident Indians, Foreign Nationals, Corporate Bodies, Banks, Institutions, Mutual Funds or such other eligible entities or persons as may be decided by the Board in accordance with applicable laws, whether or not such persons / entities / investors are members of the Company, through Prospectus, Offering Letter, Circular Memorandum or through any other mode, from time to time, as may be deemed appropriate by the Board on such terms and conditions as the Board may, in its sole and absolute discretion, deem fit upto US Dollars 150 million or equivalent to other currencies (with a right to the Board to retain additional allotment, such amount of subscription not exceeding 25% of the amount of initial offer of each tranche as the Board may deem fit) on such terms and conditions including pricing (subject to the maximum pricing norms prescribed by SEBI, RBI and / or any other authorities), as the Board may in its sole and absolute discretion decide including the form and all other terms and conditions and matters connected therewith and wherever necessary in consultation with the lead managers, underwriters, stabilization agents, guarantors, financial and / or legal advisors, depositors, custodians, principal / paying / transfer / conversion agents, listing agents, registrars and issue such Securities in any market and I or to the persons as may be deemed fit by the Board so as to enable the Company to get listed at any stock exchange in India and / or Singapore and / or any other overseas stock exchange(s).
(As Per BSE Announcement Dated on 31.10.2011) |
| 17-Sep-10 |
| AGM 17/09/2010
Jindal Saw Ltd has informed BSE that the members at the 25th Annual General Meeting (AGM) of the Company held on September 17, 2010, inter alia, have unanimously approved all the business / resolutions contained in the Notice of AGM.
(As Per BSE Announcement Website dated on 17.09.2010)
Jindal Saw Ltd has submitted to BSE a copy of minutes of the Annual General Meeting (AGM) of the Company held on September 17, 2010.
(As Per BSE Announcement Website dated on 29.10.2010) |
| 20-Jun-09 |
| Jindal Saw Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 30, 2009, the Register of Members and Share Transfer Books of the Company will be closed from June 17, 2009 to June 20, 2009 (both days inclusive) for the purpose Annual General Meeting. The Dividend will be paid on or after June 27, 2009 after approval by the Members of the Company in the Annual General Meeting to be held on June 20, 2009.
Jindal Saw Ltd has informed BSE that the members at the 24th Annual General Meeting (AGM) of the Company held on June 20, 2009, inter alia, have approved all the resolutions as contained in the Notice with requisite majority.
(As Per BSE Announcement Website dated on 22.06.2009)
Jindal Saw Ltd has informed BSE that the members at the 24th Annual General Meeting (AGM) of the Company held on June 20, 2009, inter alia, have accorded the following:
1. Adoption of the Balance Sheet as at December 31, 2008 together with Profit and Loss Account for the year ended on that date together with Notes attached and Schedules thereto.
2. (a) Declaration of dividend at the rate of Rs 5/- per equity share of Rs 10/- each to the equity shareholders of the Company for the year ended December 31, 2008.
(b) Ratified and approved the dividend @ Rs 7.85 per preference share on 10,00,000 - 7.85% Redeemable Non Convertible Cumulative Preference Shares of Rs 100/- each paid by the Board of Directors in terms of the subscription of these preference shares during the year, as interim dividend as final dividend on these preference shares.
3. Appointment of Smt. Savitri Devi Jindal & Dr. S K Gupta as Directors of the Company.
4. Appointment of M/s. N C Aggarwal & Co., Chartered Accountants, as Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.
(As Per BSE Announcement Dated on 07/07/2009) |
| 27-Mar-08 |
| Jindal Saw Ltd has informed BSE that the Annual General Meeting of the company is scheduled to be held on March 27, 2008.
The Board has approved, subject to approval of shareholders and such approvals as may be necessary, the allotment of following securities on preferential basis to Anbeeco Investments Ltd, Cyprus, a Company belonging to the Promoter Group pursuant to Guidelines for preferential issues contained in Chapter XIII of SEBI DIP Guidelines.
1. 26,00,000 warrants and each warrant convertible into one equity shares of Rs 10/- each at a price not less than Rs 819/- calculated with reference to the relevant date, i.e. February 26, 2008 in accordance with the Guidelines for Preferential Issues contained in Chapter XIII of SEBI DIP Guidelines, 2000. These warrants are convertible on or before March 31, 2009; and
2. 27,30,000 _ 9.5% Unsecured Compulsorily Convertible Debentures (CCDs) of Rs 819/- each and each CCD convertible into one equity share of Rs 10/- each at a price not less than Rs 819/- calculated with reference to the relevant date, i.e. February 26, 2008 in accordance with the Guidelines for Preferential Issues contained in Chapter XIII of SEBI DIP Guidelines, 2000. These CCDs will be converted during the period from April 01, 2009 September 20, 2009.
The above proposal is being contained in the notice of Annual General Meeting to be held March 27, 2008.
Jindal Saw Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on March 27, 2008, have passed all the resolutions of the notice with requisite majority.
Jindal Saw Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on March 27, 2008, inter alia, have accorded the Board of Directors of the Company to create, issue, offer and allot from time to time in one or more trances up to:
I. 26,00,000 warrants with each warrant entitling the holder thereof to subscribe one equity share of Rs 10/- in the capital of the Company at a price not less than Rs 819/- being the price calculated with reference to the relevant date, i.e., February 26, 2008 as prescribed under the Guidelines for preferential issues contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines, 2000, on a preferential basis to Anbeeco Investments Ltd, Cyprus, a Company belonging to Promoter Group on the following terms and conditions :-
i. In consideration of warrants being offered to the warrant-holder, a sum not less than Rs 81.90 per warrant (being amount representing 10% of the consideration for the issue of equity shares arising upon conversion of the warrants) shall be payable upon subscription of warrants which amount shall be adjusted against the issue price at the time of allotment of equity shares on conversion. The deposit shall not bear any interest.
ii. The holder of warrants shall be entitled to apply for and be allotted one (1) equity share of Rs 10/- per warrant at a price not less than Rs 819/- any time after the date of allotment but on or before March 31, 2009 in one or more tranches.
iii. The warrant holder is entitled to exercise the above option in full or in part or may decline to exercise the option to convert the warrants into equity shares in which case warrants shall be deemed to have lapsed at the end of their term and the amount of Rs 81.90 paid at the time of allotment of warrant shall stand forfeited.
iv. The warrants by itself do not give to the holder thereof any right of shareholder of the Company.
v. The number of equity shares that each warrant converts into and the price per equity share upon conversion of each warrant shall be appropriately adjusted for corporate actions such as bonus issue, rights issue, stock split, merger, demerger, transfer of undertaking, sale of a business division or any such capital or corporate restructuring.
vi. The warrant holder shall also be entitled to any future bonus / right issues of equity shares or other securities convertible into equity shares by the Company in the same proportion and manner as any other shareholders of the Company for the time being.
vii. The warrants shall be locked in for a period as provided under the Guidelines for preferential issues as contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines, 2000 provided that the lock-in on equity shares acquired by conversion of warrants shall be reduced to the extent of warrants have already been locked-in.
viii. The new equity shares issued on conversion of the warrants shall be subject to the Memorandum and Articles of Association of the Company and shall rank pari passu in all respects with the existing issued and subscribed equity shares of the Company including as to dividend.
II. 21,30,000 - 9.5% unsecured Compulsorily Convertible Debentures (CCDs) of Rs 819/- each and each CCD convertible into 1 (one) equity share of Rs 10/- in the capital of the Company at a price not less than Rs 819/- being the price calculated with reference to the relevant date, i.e., February 26, 2008 as prescribed under the Guidelines for preferential issues contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines, 2000, on a preferential basis to Anbeeco Investments Ltd, Cyprus, a Company belonging to Promoter Group on the following terms and conditions:
i. The above CCDs shall be unsecured
ii. The rate of Interest on each CCD shall be paid @ 9.5% p.a. on quarterly basis from the date of allotment till the date of their conversion into equity shares
iii. Each CCD shall be compulsorily converted into 1 (one) equity share of Rs 10/- each at a price not less than Rs 819/- on or after April 01, 2009 till September 20, 2009 at the option of CCDs holder.
iv. CCDs shall be locked-in for a period as provided under the Guidelines for preferential issues contained in Chapter XIII of the SEBI (Disclosure & Investor Protection) Guidelines, 2000 provided that the lock-in on equity shares allotted on conversion of CCDs shall be reduced to the extent of CCDs have already been locked-in.
v. The CCDs by themselves do not give to the holders thereof any right of shareholders of the Company
vi. The number of equity shares that each CCD converts into and the price per equity share upon conversion of each CCD shall be appropriately adjusted for corporate actions such as bonus issue, rights issue, stock split, merger, demerger, transfer of undertaking, sale of a business division or any such capital or corporate restructuring.
vii. The CCDs holder shall also be entitled to any future bonus / right issues of equity shares or other securities convertible into equity shares by the Company in the same proportion and manner as any other shareholders of the Company for the time being.
viii. The new equity shares issued on conversion of CCDs shall be subject to the Memorandum and Articles of Association of the Company and shall rank pari passu in all respects with the existing issued and subscribed equity shares of the Company including as to dividend.
(As per BSE Announcement Website dated on 27/03/2008)
Jindal Saw Ltd has informed BSE that the members at the 23rd Annual General Meeting (AGM) of the Company held on March 27, 2008, inter alia, have accorded the following:
1. Adoption of the Balance Sheet as at December 31, 2007 together with Profit and Loss Account for the year ended on that date together with Notes attached and Schedules thereto.
2. (a) Declaration of dividend at the rate of Rs 6.25/- per equity share of Rs 10/- each to the equity shareholders of the Company for the year ended December 31, 2007.
(b) Ratified and approved the dividend @ Rs 7.85 per preference share on 1,00,00,000 - 7.85% Redeemable Non Convertible Cumulative Preference Shares of Rs 100/- each paid by the Board of Directors in terms of the subscription of these preference shares during the year, as interim dividend as final dividend on these preference shares.
3. Appointment of Shri. P R Jindal & Shri. Devi Dayal as Directors of the Company.
4. Appointment of M/s. N C Aggarwal & Co., Chartered Accountants, as Statutory Auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms & conditions.
5. Revised the remuneration payable to Ms. Sminu Jindal, Managing Director during the remaining tenure of her appointment w.e.f. April 01, 2007 to January 31, 2011, on terms & conditions.
6. Appointment of Shri. Indresh Batra as a Director of the Company.
7. Appointment of Shri. Indresh Batra as Managing Director for a period of 5 years w.e.f. April 28, 2007 on remuneration, terms & conditions.
8. Re-appointment of Shri. H S Chaudhary as Whole-time Director for a period of 2 years w.e.f. November 01, 2007 to look after the affairs of Kosi Kalan Plant of the Company or to perform such other duties as may be entrusted by the Board or Managing Director from time to time on remuneration, terms and conditions.
(As per BSE Announcement Website dated on 08/04/2008) |
| 29-Dec-06 |
| Jindal Saw Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 27, 2006 to December 29, 2006 (both days inclusive) for the purpose of payment of dividend & 22nd Annual General Meeting of the Company to be held on December 29, 2006.
Jindal Saw Ltd has informed BSE that the shareholders at the 22nd Annual General Meeting (AGM) of the Company held on December 29, 2006 have approved all the resolutions as contained in the notice.
(As Per BSE Announcement Website Dated on 02/01/2007)
Jindal Saw Ltd has informed BSE that the members at the 22nd Annual General Meeting (AGM) of the Company held on December 29, 2006, inter alia, have accorded to the following:
1. Adoption of the Balance Sheet as at September 30, 2006 together with Profit and Loss Account for the year ended on that date together with Notes attached and Schedules thereto.
2. Declaration of dividend at the rate of Rs 5/- per equity share of Rs 10/- each to the equity shareholders of the Company out of the current profit of the Company for the year ended September 30, 2006.
Further, declaration of dividend at the rate of Rs 7.85 per Redeemable Cumulative Non-Convertible Preference Shares of Rs 100/- to the holders of these shares out of the current profit of the Company to be paid on pro-rata basis for the year ended September 30, 2006.
3. Re-appointment of Shri. A J A Tauro and Shri. Kuldip Bhargava, as Directors of the Company.
4. Appointment of M/s. N C Aggarwal & Co., Chartered Accountants, as Statutory Auditors of the Company to hold office from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company on remuneration, terms and conditions.
5. Appointment of Dr. Raj Kamal Agarwal as a Director of the company, liable to retire by rotation.
(As Per BSE Announcement Website Dated on 09/01/2007) |