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Board of Jindal Saw allots equity shares on conversion of CCDs

At meeting held on 25 March 2015

March 25, 2015 6:39 IST | capital market
Jindal Saw announced that the Committee of Board of Directors of the Company at its meeting held on 25 March 2015 has allotted 13808414 equity shares of Rs 2 each by converting equal number of Compulsorily Convertible Debentures (CCDs) at a fixed conversion price of Rs 81.1 per equity share to Four Seasons Investment, a promoter group entity.

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