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Jain Irrigation Systems to open the issue of FCCBs

Capital Market/ 15:30 , Oct 03, 2012

Jain Irrigation Systems to open the issue of FCCBsUnder the private placement routePursuant to the approval at the EGM of Jain Irrigation Systems held on 01 October 2012 of shareholders, regarding offer, issue of 5,500 FCCBs of US$ 10,000 each, the securities issuance committee-2 met on 01 October 2012 and decided to open the issue under the private placement route.Hence, as per the ICDR Regulations, 2009 and applicable FEMA regulations / issue of FCCB & Ordinary Shares (through Depositary Receipt Mechanism) Scheme, 1993 and other applicable laws, the relevant date for the FCCB issue is 01 October 2012.

 



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